Simoco Emea Ltd

Simoco Emea Ltd, based in Derby, UK, is a sizable company with an active status, having operated for 23 years. Employing 37 people, it holds assets worth £2,275,000 and generates £6,030,000 in yearly revenue. As a holding company with five directors and a single owner, it operates from a real address and regularly imports and exports electrical machinery and equipment—145 months of import activity and 85 months of export activity, with the latest transactions occurring in January 01, 2025.

The company's website paints a picture of a provider of “intelligent, adaptive communications solutions.” It focuses on serving critical industries like emergency services and mining, offering tailored communication systems. Customer stories highlight successful projects with companies like Rio Tinto and Toowoomba Regional Council, emphasizing improved efficiency, safety, and operational control. The site also features articles and whitepapers on topics like satellite communication, digital twins, and cybersecurity, showcasing Simoco’s expertise and thought leadership.

Looking at the financial data, Simoco Emea Ltd’s performance presents a mixed bag. While cash and bank holdings increased significantly by 130% to £880,000, net assets declined by 36% to -£590,000. Creditors decreased by 18%, suggesting better debt management, but bank overdrafts vanished completely, and revenue increased by 69% to £6,000,000. The company’s administrative expenses grew by 7.7% to £2,000,000. The significant drop in equity, however, is a cause for concern, potentially indicating increased borrowing or reduced profitability. The company’s size (meeting two of three criteria for a large company) helps it maintain a competitive edge, but the financial trends warrant close monitoring. The company’s financial statements were audited by PKF Smith Cooper Audit Limited. It's worth noting that the company is exempt from presenting a cash flow statement.

Registered in England/Wales under the registration number 04382515, with a registered address at DE1 1NH, Derby, Derbyshire, Field House, Uttoxeter Old Road.

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