Siemsatec Ltd

Siemsatec Ltd, based in Beckenham, UK, is a small, active company established 20 years ago in 2004. Employing 14 people, it holds £1,840,874 in assets, but operates from a virtual address where ten other companies are registered. The company is run by three directors and one owner, and enjoys a perfect 5.0 Google rating from a single review. It's an irregular importer, specializing in optical and medical tools and devices, with just one month of imports recorded as of June 2020.

The company’s website highlights its focus on Building Management Systems (BMS). Siemsatec provides design, installation, and maintenance services for residential, commercial, and industrial buildings. They offer solutions ranging from energy surveys to control panel manufacture, emphasizing energy efficiency and integrated alarm systems. The website also showcases partnerships with leading brands like Trend, Johnsons Priva, and Honeywell, and features case studies from education, healthcare, and commercial properties. They clearly aim to be a one-stop shop for building automation needs.

Financially, Siemsatec Ltd’s report reveals some interesting trends. Cash reserves increased by a healthy 49% to £940,000, while trade debtors decreased by 10% to £850,000, suggesting improved collection. However, net assets only increased by 13% to £1,000,000, and bank borrowings decreased by 44% to £12,000. Creditors increased by 17% to £800,000, and accrued liabilities increased by 35% to £490,000. The company’s employee numbers increased by 14% to 16. The company is small, meeting two of three conditions for classification. There is no auditor mentioned, so the figures are unaudited.

Overall, Siemsatec Ltd appears to be financially stable, with a strong cash position and reduced debt. The increase in creditors and accrued liabilities may indicate increased operating expenses, but the company's focus on energy-efficient BMS solutions and partnerships with leading brands suggest a solid foundation for continued growth.

Registered in England/Wales under the registration number 05244032, with a registered address at BR3 1AG, United Kingdom, Beckenham, Kent, 137-139 High Street.

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