Simar International Limited

Simar International Ltd, based in Bilston, UK, is a small, active company founded eight years ago. Employing just two people, it holds £79,744 in assets and operates from a real address. With one director and two owners, the company regularly imports machinery, boilers, and mechanical appliances – parts, with 27 months of import activity recorded, the last in January 2025. It exports these same items, but irregularly, with just one month of export activity in July 2022.

The company's website reveals a fascinating, technology-driven operation. Simar International isn't a retail business; instead, it’s a German manufacturer specializing in drying, dosing, and mixing technology for the plastics, food, and pharmaceutical industries. The site showcases a wide range of products, from conveyor belts to dryers and mixers, emphasizing innovation and quality. They even offer custom solutions and plant engineering services.

Financially, Simar International Ltd presents a mixed picture. Current assets have decreased by a significant 56%, dropping to £80,000. Debtor levels have fallen dramatically by 73%, down to £40,000, which could indicate improved collection practices, but also potentially reduced sales. However, creditors have also decreased by 43%, to £88,000, suggesting better management of short-term liabilities. Equity has plummeted 96%, leaving just £1,700, a worrying trend. Bank borrowings remain stable at £5,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from a full audit, so the figures are unaudited.

The sharp decline in equity is a key point to watch. While the company's core business appears to be thriving, the financial data suggests it’s burning through cash. It’s possible that investments in new technology or expansion are driving this trend, but it warrants closer scrutiny.

Registered in England/Wales under the registration number 10417796, with a registered address at WV14 6AH, England, Bilston, West Midlands, Stanley House 27 Wellington Road.

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