Smi (scotland) Limited

Smi Scotland Ltd from Falkirk UK is a small holding company with an active status, established ten years ago in 2015. The company employs 27 people and holds assets totaling £2,018,659. It has a real address, is managed by three directors, and is owned by Grove Global Holdings Ltd. Smi Scotland Ltd regularly imports footwear and related items – six months of import activity were recorded, with the most recent in February 2024 – but exports very little, with just one month of export activity recorded back in August 2022.

The company’s website details a family-run business specializing in the design, manufacture, and erection of steel-framed buildings. Smith Contracts, as it’s known, prides itself on customer relationships and offers high-quality products, excellent service, and competitive prices. They provide bespoke steel structures, catering to both speedy, low-cost solutions and grand dream projects. Their services include design, fabrication, general engineering, and material supplies.

Financially, Smi Scotland Ltd shows some concerning trends. Accumulated depreciation impairment on plant machinery decreased by 56%, while the value of plant machinery itself increased by 51%. Cash bank on hand fell by 43% to £330,000, and creditors decreased by 15%. However, amounts owed by group undertakings rose significantly by 82%. The company's small size—meeting two of three conditions for being a small company—helps it remain flexible. No auditor is mentioned, which is likely due to the company being exempt as a small entity.

Overall, Smi Scotland Ltd appears to be facing some financial pressures. The decrease in cash reserves and increase in amounts owed by group undertakings suggest a need for careful management. While the steel building business seems to be operating well, the financial data raises questions about the company's long-term health.

Registered in Scotland under the registration number SC498428, with a registered address at FK1 1XR, Scotland, Falkirk, Unit 10 The Courtyard, Callendar Business Park.

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