Simulation Solutions Limited

Simulation Solutions Ltd, based in Stockport, UK, is a small, holding company with an active status, celebrating 28 years in business. Employing 30 people and holding assets of £1,058,819, the company operates from a real address and is overseen by three directors and a single owner. It’s a regular importer and exporter, specializing in optical and medical tools and devices, with 30 months of import activity and 64 months of export activity recorded.

The company’s website showcases a team of experienced FEA (Finite Element Analysis) engineers offering consultancy services to a range of industries, including defence, automotive, and energy. They provide simulation, innovation, and creation services, focusing on FEA analysis, material modelling, and fatigue testing. Key personnel include Principal Engineers Chris Taggart and Jon Farley, alongside FEA specialists Oliver Boulton and Chris Brooks. The website emphasizes bespoke solutions and a pragmatic approach to engineering challenges.

Financially, Simulation Solutions Ltd exhibits a mixed picture. Current assets have decreased by 14%, dropping to £1,100,000, while net assets have fallen significantly by 47%, now standing at £180,000. Bank borrowings have decreased by 67%, reaching £6,000, and cash reserves have fallen 8.8% to £330,000. Creditors have decreased by 5.2% to £920,000, 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 0 employees) allows for agility, but the drop in equity warrants attention. The unaudited figures, as the company is exempt from an audit as a small company, rely on director-reported data.

The company’s financial data also reveals an increase in Other Taxation Social Security Payable, which has risen by a substantial 260%. This could indicate a change in tax regulations or increased operational expenses. Overall, Simulation Solutions Ltd appears to be navigating a period of financial adjustment, with a focus on maintaining its technical expertise and client relationships.

Registered in England/Wales under the registration number 03210248, with a registered address at SK4 3EJ, United Kingdom, Stockport, Unit 10 Rugby Park, Bletchley Road.

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