Servomech Uk Ltd

Servomech Uk Ltd, based in Milton Keynes, UK, is a small, active company founded five years ago in 2019. With £108,758 in assets and a virtual address shared by 197 other companies, it’s a compact operation managed by three directors and two owners. The company employs just three people and operates as a regular importer of machinery, boilers, and mechanical appliances, with parts imported for eight months, the latest in June 2024. It operates in the agents involved in the sale of machinery, industrial equipment, ships and aircraft industries.

The company’s website is not available, making it difficult to assess its online presence or e-commerce activities. However, its business description points to a B2B focus, likely acting as a distributor or agent rather than a direct retailer.

Financially, Servomech Uk Ltd shows a mixed picture. Cash bank on hand remained steady at £110,000, but trade creditors increased significantly by 900% to £2,800. Net assets grew by 28% to £37,000, and net current assets also increased by 29% to £36,000. Although the company meets two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the increase in trade payables could indicate some cash flow pressures. The company is exempt from an audit, so the figures are unaudited.

Overall, Servomech Uk Ltd appears to be a small, stable business, but the sudden increase in trade creditors warrants further investigation.

Registered in England/Wales under the registration number 12084992, with a registered address at MK9 1FD, United Kingdom, Milton Keynes, Buckinghamshire, The Pinnacle Building A, 150-170 Midsummer Boulevard.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.