Smart Factory Solutions Ltd

Smart Factory Solutions Ltd, based in Sutton Coldfield, UK, is a small, active company founded six years ago. With three employees and £20,968 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and regularly imports electrical machinery and equipment, with 10 months of import activity recorded. It’s a small business, meeting two of the three criteria for being classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, infosmartfactorysolutions.co.uk, showcases a range of sensors and accessories for factory automation and process control. It offers products like vision sensors, laser distance sensors, and inductive proximity switches, catering to both small and large businesses. The site highlights its technical knowledge and commitment to customer service, emphasizing timely delivery and competitive pricing. It’s clear they’re positioning themselves as a specialist supplier in a technical field.

Financially, Smart Factory Solutions Ltd presents a mixed picture. Current assets have fallen by a significant 46%, dropping to £21,000, while cash reserves have plummeted 82%, leaving only £4,800. Creditors have increased by a substantial 66%, reaching £57,000, and trade debtors have risen by 30%. Equity has taken a severe hit, with retained earnings and accumulated losses falling by a staggering 710%, resulting in a negative equity of -£36,000. Plant machinery has also seen a decline, with a 51% decrease in accumulated depreciation impairment. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

These trends suggest the company may be burning through cash, potentially due to increased costs or slower sales. While the e-commerce side appears active, the financial data reveals a challenging situation. Whether the company can recover and stabilize remains to be seen, but its focus on specialized sensors and technical expertise could be key to its future.

Registered in England/Wales under the registration number 11511662, with a registered address at B74 2UG, United Kingdom, Sutton Coldfield, West Midlands, Suite D, Astor House 282 Lichfield Road, Four Oaks.

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