Smooth Track Solutions Ltd

Smooth Track Solutions Ltd, based in Leeds, UK, is a small, active holding company established four years ago. With two employees and £290,033 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported over the last three months.

The company’s website highlights its expertise in compressed air and gas generation systems, offering design, installation, and maintenance services across the North of England. It caters to both small workshops and large industrial facilities, providing reliable and efficient solutions. The website's gallery showcases completed jobs, and it emphasizes technical excellence and a customer-first approach. It's clear they're focused on providing technical support and energy-saving upgrades.

Financially, Smooth Track Solutions Ltd shows a mixed picture. Current assets have increased dramatically by 140%, reaching £290,000, while net assets have surged 440% to £140,000. However, bank borrowings have risen significantly, and cash reserves have decreased slightly. Trade debtors have also increased substantially, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the increase in debt warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

It seems the company is growing, but it’s burning through cash at a rate that could be concerning. The increase in debt, while potentially linked to expansion, needs to be monitored closely.

Registered in England/Wales under the registration number 13041544, with a registered address at LS12 4QT, Leeds, West Yorkshire, 17 Silver Royd Grove.

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