Servotech Limited

Servotech Ltd from Stoke-On-Trent UK: a small holding company with an active status, founded 25 years ago, employs 34 people, and holds assets worth £1,928,196. With a real address and three directors, the company is owned by one individual, and boasts a perfect 5.0 Google rating from six reviews. It’s a regular importer and exporter of electrical machinery and equipment, having imported for 28 months and exported for 66 months.

The company’s website highlights its specialisation in the repair and refurbishment of industrial electronics and electromechanics, including obsolete components. Servotech caters to a range of sectors, including renewable energy, rail, road, utilities, food and drink, and manufacturing. Its services include maintenance, upgrades, and parts sourcing, with a focus on minimising downtime and extending the lifespan of equipment. The website also mentions a focus on offering 24-hour availability and a wide range of clients.

Financially, Servotech Ltd shows some interesting trends. Cash bank on hand decreased by 18% to £1,100,000, while trade debtors increased significantly by 42% to £720,000. Creditors also decreased by 5.4% to £960,000. The company’s net assets increased by 4.5% to £1,000,000. The company’s small size—meeting two of three conditions for being a small company—helps it remain flexible. The increase in debtors suggests that the company may be having trouble collecting payments, or perhaps it has expanded its credit terms. The increase in net assets is a positive sign, but it’s important to monitor the company’s cash flow closely. The company’s increase in future minimum lease payments by 160% is a little concerning, but it’s likely related to a specific investment or expansion. With no auditor mentioned, the financial information is unaudited.

Overall, Servotech Ltd appears to be a stable, albeit small, company. While the increase in debtors is something to watch, the company’s strong reputation and diverse customer base suggest that it’s well-positioned for continued success.

Registered in England/Wales under the registration number 03968896, with a registered address at ST10 1SR, England, Stoke-On-Trent, Brookhouse Industrial Estate Brookhouse Way, Cheadle.

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