Smart Actuation Ltd

Smart Actuation Ltd, based in Preston, UK, is a small, active company founded five years ago in 2020. It employs just two people and holds £163,553 in assets, operating from a virtual address shared by seventy-nine other companies. The business is led by two directors, with Harris Matthew serving as both owner and director. It’s a solo founder operation. The company regularly imports electrical machinery and equipment, with fourteen months of import activity recorded, the latest in January 2025.

Smart Actuation Ltd operates as an agent involved in the sale of machinery, industrial equipment, ships, and aircraft. Its website, Smart Actuation Global, appears to be a simple informational site, lacking e-commerce functionality. It's a basic online presence, suggesting a focus on business-to-business interactions rather than direct sales.

Financially, Smart Actuation Ltd presents a mixed picture. While cash reserves increased by a substantial 180% to £70,000, creditors surged by 320% to £140,000, indicating a reliance on credit. Equity decreased by 15% to £13,000, and net assets dropped to £14,000. Despite this, trade debtors decreased by 12%, suggesting improved collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The increase in creditors alongside a decrease in equity could signal that Smart Actuation Ltd is expanding its operations and taking on more debt to fuel growth—or it could be a sign of financial strain. The company’s success will likely depend on its ability to manage its liabilities and maintain its import activity.

Registered in England/Wales under the registration number 12475639, with a registered address at PR2 9NB, United Kingdom, Preston, Lancashire, Shorrock House 1 Faraday Court, Fulwood.

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