Smart Systems Uk Limited
- Small
- Active
- 24 years
- 20 employees
- £1,974,544 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Irregular 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
Smart Systems UK Ltd, based in Coventry, UK, is a small, active company established 24 years ago. Employing 20 people and holding £1,974,544 in assets, it’s a well-established player in its sector. The company has three directors and two owners, and operates from a real address. It’s been importing furniture, lighting, and prefabricated buildings regularly for 50 months, with the last import in December 2024. Export activity is minimal, with just two months of activity recorded back in April 2019.
The company’s website showcases a comprehensive range of LED lighting solutions, catering to commercial, industrial, and healthcare sectors. It’s clear that Smart Systems UK Ltd isn’t just a distributor; it offers design, installation, and maintenance services. The website is packed with product details, case studies, and technical resources, suggesting a focus on expertise and customer support. It's an ecommerce site, with a clear focus on B2B sales, and the site offers a range of services including design, installation, and maintenance.
Financially, Smart Systems UK Ltd presents a mixed picture. Cash bank on hand has increased significantly by 36%, reaching £1,000,000—a positive sign of liquidity. However, creditors have risen by 14%, reaching £660,000, which could indicate increased reliance on short-term financing. Trade debtors have fallen by a substantial 31%, suggesting better collection of payments. The company’s net assets have decreased by 6.6%, dropping to £1,400,000, which is a concern. 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 agility, but the equity drop warrants further investigation. No auditor is mentioned, consistent with its status as a small company exempt from an audit.
Overall, Smart Systems UK Ltd appears to be a stable, albeit somewhat challenged, business. The strong cash position and improved debtor management are encouraging, but the increase in creditors and decrease in net assets suggest a need for careful financial management. The company’s focus on specialized LED lighting solutions and its B2B ecommerce model provide a solid foundation for future growth, but it's important to keep an eye on its financial performance.
Registered in England/Wales under the registration number 04097152, with a registered address at CV6 6HH, Coventry, 6 Oban Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Hill Ian David
- 8 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Westcott Katie
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Westcott Catherine
- 19 years
-
Resident of United Kingdom
-
Individual
- Hill Ian David
- 24 years
- 1
-
Resident of United Kingdom
-
Individual
- Westcott Katie
- 24 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-02-09 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
-
Confirmation statement made on 2024-02-09 with no updatesDownload 3 pages pdf report
Smart Systems Uk Limited controls
Owns & Controls
-
Corporate
- Phi Lighting Limited
- 5 months
- 75%+
-
Resident of United Kingdom
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Smart Systems Uk Limited
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