Smr Projects Limited

Smr Projects Ltd from Banbury UK: a small, active company founded 23 years ago, employs 26 people, and holds £651,159 in assets. It’s a real address, managed by three directors and two owners, and operates as a family business. Regular importer of rubber and rubber products (8 months imported).

The company’s website, smruk.com, reveals a focus on innovative construction solutions, particularly soil stabilization and aggregate alternatives. SMR UK has developed patented binders that are free from dye and lime, enabling the reuse of up to 100% of host material. They supply binders nationally, offering a SMART alternative to traditional backfill, soil stabilization, and remediation methods, and even offer a network of distributors providing premixed SMR end products. The website highlights case studies demonstrating carbon reduction, waste diversion, and cost savings for clients like Balfour Beatty and Telent. They also offer additional products, services, and machinery, and have a mission to create a culture that embraces change and drives the nationwide adoption of smarter, more ecofriendly innovations.

Financially, SMR Projects Ltd’s recent performance presents a mixed picture. Current assets have declined significantly, dropping 52% to £650,000. Bank borrowings have also decreased by 11%, falling to £350,000, and cash reserves have plummeted 75%, leaving just £77,000. However, creditors have also fallen by 64%, indicating improved debt management. The company’s small size—meeting two of three conditions for being considered small—allows for agility, but the substantial drop in equity raises questions. The lack of an auditor mentioned suggests they are exempt as a small company, and the figures are unaudited.

While the company’s innovative products and focus on sustainability are promising, the financial trends suggest a period of adjustment. It’s clear that SMR Projects Ltd is navigating a challenging environment, and its ability to maintain momentum will depend on continued innovation and effective financial management.

Registered in England/Wales under the registration number 04276384, with a registered address at OX16 1TG, England, Banbury, Smr House, Beaumont Close.

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