Sim 2000 Imaging Ltd

Sim 2000 Imaging Ltd is a small, active company based in Hatfield, UK, founded 20 years ago. With 23 employees and £637,364 in assets, it's a family business run by four directors and two owners. The company regularly imports electrical machinery and equipment, with the last import operation occurring six months ago. It operates from a virtual address, registered at a location shared by 84 other companies.

The company’s website showcases a diverse range of services catering to photographers. It specializes in producing handmade photo products, including albums, books, USB presentation products, and stationery. A key element is its free desktop design software, SIMWARE, allowing customers to create personalized designs. The website emphasizes bespoke packages and high-quality craftsmanship, with a particular focus on albums and presentation boxes. It also offers a range of frames, wall art, and personalized stationery options. The website also highlights the ability to produce photo products to order, using traditional techniques and the latest printing technology.

Financially, Sim 2000 Imaging Ltd presents a mixed picture. While net assets increased by 88%, reaching £480,000, cash reserves dropped 30% to £230,000. Creditors decreased by 13%, suggesting improved debt management. Trade debtors increased by 110%, which could indicate a growth in sales but also a potential challenge in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. There’s no auditor mentioned, likely due to its status as a small company.

The company’s reliance on a virtual address and the increase in trade debtors are points to consider. Whether the company can sustain its growth and profitability remains to be seen, but its focus on personalized products and free design software positions it well in a competitive market.

Registered in England/Wales under the registration number 05210780, with a registered address at NG18 1RR, United Kingdom, Mansfield, Nottinghamshire, Cromwell House, 68 West Gate.

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