Simm Conveyor Services Limited

Simm Conveyor Services Limited, based in Rotherham, UK, is a small, active company established 24 years ago. With 17 employees and £1,844,657 in assets, it operates from a real address and is led by a single director, although no owners are officially listed. The company is an irregular importer, primarily dealing in rubber and rubber products, with its last import activity recorded one month ago in May 2023. It’s a business with a long history, and the recent change in directors is a good sign.

The company’s website highlights its expertise in conveyor belts and related services. Simm Conveyors offers a wide range of products, including conveyor belts, motorized pulleys, and vulcanising services. They also provide installation services and even offer a 24/7 emergency maintenance service. The website emphasizes a focus on high-quality products and services, catering to diverse industries like power stations, mining, and waste management. It’s clear they’re targeting a B2B market, offering bespoke systems and nationwide service. The website doesn’t appear to be an e-commerce site; instead, it’s a brochure-style presentation of their capabilities.

Financially, Simm Conveyor Services Limited demonstrates a generally positive trend. Cash bank holdings increased significantly by 48%, reaching £1,000,000, while current assets grew by 16% to £1,800,000. Equity also saw a healthy increase of 18%, reaching £1,500,000. However, trade debtors decreased by 12%, which could indicate slower payments from customers. Creditors also rose by 8.6%, and other creditors increased by 6.8%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors should be monitored. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Simm Conveyor Services Limited seems financially stable, with growing assets and a solid cash position. The company’s long-standing presence in the industry and its focus on specialized services suggest a resilient business model.

Registered in England/Wales under the registration number 04082110, with a registered address at S66 8ET, Rotherham, South Yorkshire, 1 To 12, Hall Road Maltby.

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