Simmonsigns Limited

Simmonsigns Ltd, based in Shropshire, UK, is a medium-sized company with a solid 39-year history. Employing 42 people, it boasts £3.75 million in assets and generates £7.91 million in yearly revenue. The company, active since its founding in 1985, has four directors and one owner, and maintains a respectable 4.0-star Google rating from 10 reviews. Simmonsigns is a regular importer and exporter of electrical machinery and equipment, with 9 months of import activity and 16 months of export activity recorded.

The company’s website reveals a focus on road traffic solutions, specifically designing and manufacturing traffic safety products. They offer a wide range of items, including pedestrian crossing lights, school patrol equipment, road messaging signs, and traffic safety bollards. The site highlights their commitment to safer roads and offers a comprehensive catalog of products catering to various needs.

Financially, Simmonsigns Ltd presents a mixed picture. While revenue remains strong, current assets decreased by 10% to £3.7 million. Bank borrowings decreased by 7.2% to £560,000, and cash reserves decreased by 3.4% to £29,000. However, creditors increased by 35% to £21,000. The company meets the criteria for a medium-sized business, with turnover under £36 million, balance sheet total under £18 million, and fewer than 250 employees. The average number of employees increased by 9.5% to 46. The company’s auditor, BSN Associates Limited, has reported that the company’s financial statements give a true and fair view.

The decrease in current assets and increase in creditors suggest potential cash flow challenges, though the strong revenue stream and stable bank borrowings indicate the company is not in immediate crisis. The increase in the number of employees may be a sign of growth, or it could be a response to increased demand. Overall, Simmonsigns Ltd appears to be a well-established company facing typical pressures of a growing business, but it’s important to keep an eye on its cash flow situation.

Registered in England/Wales under the registration number 01923947, with a registered address at TF3 3AS, Shropshire, Stafford Park 5, Telford.

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