Smirnov Group Ltd

Smirnov Group Ltd is a small, active company based in Edinburgh, UK, founded six years ago in 2018. It holds £10,108 in assets and operates from a real address, managed by a single director and owner, who is also the solo founder. The company regularly imports natural and modified starches, glues, and enzymes, with three months of import activity recorded as of July 2024.

The company's activities span retail sales via mail order and internet, as well as ready-made interactive leisure and entertainment software development. Its website, Smirnovexport, reveals a larger operation: a distribution center for refrigeration, thermal, and mechanical equipment, operating for 24 years. It’s associated with a group of companies, including Rosavtotrans and Avtotrans 12, and boasts over 50,000 square meters of storage and office premises, employing over 150 people across its various locations in Russia. The Russian side of the business specializes in equipment sales and even manufactures its own line of refrigeration and mechanical equipment under the GRC trademark. It also provides services like museum-grade piano restoration and disaster recovery.

Financially, Smirnov Group Ltd presents a mixed picture. Net assets declined significantly, dropping 120% to -£26,000. Current assets remained steady at £10,000, while bank borrowings increased by 68% to £35,000. Creditors also increased, rising 66% to £36,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the equity drop is a concern. As a small company, it's exempt from an audit, so the figures are unaudited.

The Russian side of the business seems to be thriving, but the UK operation is facing financial pressures. It’s unclear how the two businesses are linked, but both emphasize family ownership and British craftsmanship.

Registered in Scotland under the registration number SC594585, with a registered address at EH6 5FF, United Kingdom, Edinburgh, 3/4 North Pilrig Heights.

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