Simple Locking Solutions Limited

Simple Locking Solutions Limited is a small, family-run business based in London Colney, UK, with an active trading status. Founded seventeen years ago in 17 years, the company employs just two people and holds £104,503 in assets. It operates from a virtual address, shared by 171 other companies, and is managed by three directors and two owners. The business is an irregular importer, primarily dealing in miscellaneous metal items, with its last import activity recorded just one month ago.

The company’s website highlights its role as UK agents for Ojmar Locks, a Spanish manufacturer of locking systems. It offers a range of products, from simple padlocks to brand-new Wi-Fi systems, catering to both OEM customers and end-users. Its customers span various sectors, including locker manufacturers, public leisure facilities, and even banks. The company’s website also advertises its services, including advice on the right system for your needs.

Financially, Simple Locking Solutions Limited presents a mixed picture. Current assets have decreased by 27% to £100,000, and net assets have fallen by 31% to £89,000. Cash bank on hand has also dropped by 27% to £72,000. Trade debtors have seen a decline of 21%, which could indicate improved collection efforts. However, creditors have risen by 11%, and the company’s bank borrowings have increased, suggesting a need for additional funding. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The company’s directors are Mr. and Mrs. Sharpe.

Registered in England/Wales under the registration number 06365422, with a registered address at AL2 1HA, United Kingdom, London Colney, Hertfordshire, Wellington House, 273-275 High Street.

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