Smartfits Installations Limited

Smartfits Installations Limited, based in Burton-On-Trent, UK, is a small, active company founded fifteen years ago in 2009. With 33 employees and £733,657 in assets, it’s a well-established player in the local market. The company, which has a real address and three directors, is led by a solo founder, Hassall Lehanne Tracy, and enjoys a stellar 5.0 Google rating from 36 reviews. It regularly imports electrical machinery and equipment, with the latest import operation occurring in June 2024.

The company operates in the wired telecommunications activities industries, offering services likely related to installation and maintenance. While a website isn’t available to analyze, its Google presence suggests a focus on local customers and a reputation for quality service.

Financially, Smartfits Installations Limited presents a mixed picture. While current assets increased by 24% to £730,000, net assets decreased by 20% to £780,000. Bank borrowings have significantly decreased by 83%, dropping to just £2,000, and cash reserves fell 13% to £200,000. Creditors have also increased by 29%, reaching £630,000. 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. Trade debtors have increased significantly by 47%, reaching £490,000, which could indicate a period of growth but also potential challenges in collecting payments. The company’s unaudited accounts, prepared using VT Final Accounts software, show a decline in equity, suggesting a need to carefully manage expenses. The director signing the financial statements is Mr T Hassall.

Registered in England/Wales under the registration number 06971356, with a registered address at DE13 0AT, England, Burton-On-Trent, 4 Eastgate Business Centre, Eastern Avenue.

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