Sirotech (uk) Limited

Sirotech (uk) Limited, based in Staines-Upon-Thames, UK, is a small, active company founded twelve years ago. With three employees and £108,859 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports optical and medical tools and devices, with nineteen months of import activity recorded, the latest in July 2024.

The company’s website, infosirotech.co.uk, showcases a focus on Dentsply Sirona dental equipment. It appears to be a specialist supplier and service provider, offering equipment like AXANO, SINIUS, and INTEGO treatment centres, as well as CAD/CAM solutions including Cerec. The site highlights partnerships, technical support, and finance plans, suggesting a B2B model focused on sales, servicing, and maintenance. It's not a typical e-commerce site with direct consumer sales; instead, it caters to dental professionals and practices.

Financially, Sirotech (uk) Limited presents a mixed picture. Current assets have decreased by 23%, dropping to £110,000, while net assets have fallen by a more significant 35%, reaching £95,000. Bank borrowings have doubled to £56,000, and cash reserves have plummeted 72%, leaving just £28,000. Trade debtors have also seen a sharp decline, falling by 52%. On a positive note, creditors have decreased slightly. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, indicating exemption as a small company.

The increase in bank borrowings and the decline in cash reserves suggest that Sirotech (uk) Limited may be burning through cash. However, the decrease in trade debtors could indicate improved collection practices. The company’s reliance on a single supplier (Dentsply Sirona) could also present a risk. While the company appears to be holding steady, the financial data suggests that it needs to carefully manage its cash flow and diversify its revenue streams.

Registered in England/Wales under the registration number 08236643, with a registered address at TW18 1PJ, England, Staines-Upon-Thames, Surrey, 19 Edinburgh Drive.

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