Sim-tech Solutions Ltd

Sim-Tech Solutions Ltd, based in Rugby, UK, is a small, active company founded fifteen years ago in 2010. With four employees and £318,025 in assets, it’s a modest operation overseen by one director and owner, Levett Simon. The company boasts a stellar 5.0 Google rating based on a single review. Sim-Tech Solutions is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances parts, with the latest import activity occurring just one month ago in September 2024.

The company’s website reveals a focus on IT services, particularly for businesses. It specializes in on-premise IT, cloud solutions, data centre services, and backup/disaster recovery. They also highlight the importance of addressing end-of-life Windows Server 2012 systems. The website’s content suggests a B2B model, targeting companies needing reliable IT infrastructure and support. It’s not an e-commerce site, but rather a platform for showcasing services and generating leads.

Financially, Sim-Tech Solutions Ltd presents a mixed picture. While cash reserves have increased significantly by 180% to £100,000, current assets have also grown by 31% to £320,000. However, creditors have risen by 24% to £260,000, and other taxation and social security payable has increased dramatically by 790% to £57,000. Bank borrowings have also decreased by 45% to £13,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so the figures are unaudited. The increase in taxation payable suggests a potential need to manage tax obligations more closely. It’s also worth noting that the company’s net assets have increased by 22% to £130,000, a positive sign of overall financial health.

Registered in England/Wales under the registration number 07195713, with a registered address at CV23 8DR, England, Rugby, 6 Aikman Green, Grandborough.

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