Simple Technical Solutions Ltd.
- Small
- Holding
- Active
- 22 years
- 4 employees
- £3,369,909 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Simple Technical Solutions Ltd, based in Glenrothes, UK, is a small, holding company with an active status. Founded 22 years ago in 2002, the company employs four people and holds £3,369,909 in assets. It operates from a real address and is overseen by one director and one owner. The company regularly imports machinery, boilers, and mechanical appliances, parts (30 months imported), and exports the same (172 months exported).
The company’s website, though minimal, reveals a wholesale business specializing in electronic and telecommunications equipment and parts. It’s a private limited company registered in Scotland, and its operations seem to focus on supplying these parts to various industries. The company also has a presence on LinkedIn, showcasing its expertise in the sector.
Financially, Simple Technical Solutions Ltd presents a mixed picture. Current assets have decreased by 1.4% to £3,400,000, while net assets have plummeted 38% to £730,000. Bank overdrafts have remained steady at £41,000, but cash reserves have increased by 34% to £16,000. Trade creditors have decreased by 4.2% to £150,000, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity drop warrants attention. The company is exempt from an audit, so the figures are unaudited.
The company's income tax policy is to recognize tax in profit or loss, and its functional currency is GBP. The company's director is Mr. G Riddell. Overall, Simple Technical Solutions Ltd appears to be navigating a period of financial adjustment, with its wholesale business continuing to operate, but with some challenges to its equity position.
Registered in Scotland under the registration number SC238180, with a registered address at KY7 6JG, Glenrothes, Fife, Unit 3 Bankhead Avenue, Bankhead Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Simple Technical Solutions Holdings Ltd
- 6 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Riddell Gordon
- 20 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-10-15 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 11 pages pdf report
-
Confirmation statement made on 2023-10-15 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar importers
- Company names
- HS codes
- Financial data
- Officers and owners
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
Similar exporters
- Company names
- HS codes
- Financial data
- Officers and owners
FAQ about Simple Technical Solutions Ltd.
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!