Snic Rail Uk Ltd

Snic Rail Uk Ltd, based in Beverley, UK, is a small holding company with an active status, established five years ago in 2019. The company employs five people and holds £661,841 in assets, operating from a virtual address shared by many other businesses. It's managed by three directors and owned by two individuals, though the full ownership picture might be more complex. Snic Rail Uk Ltd regularly imports and exports railway and tramway vehicles and parts, with five months of import activity and three months of export activity recorded, the latest import in January 2025 and the latest export in July 2024.

The company’s website, SNIC RAIL UK, focuses on treadles for train detection, specifically offering Cautor and Forfex treadles, as well as refurbishment services. It positions itself as a partner for rail projects, emphasizing accuracy and quality. The site highlights a 70-year track record and ISO 9001:2015 certification, suggesting a commitment to industry standards. It’s clear the company’s core business revolves around providing components and services for train movement detection.

Financially, Snic Rail Uk Ltd presents a mixed picture. While cash reserves have impressively increased by 320% to £550,000, other key indicators raise concerns. Current assets have grown by 140% to £660,000, but net losses deepened significantly. Bank borrowings have increased, and trade debtors have fallen sharply, suggesting potential issues with customer payments. Despite the company’s small size (meeting two of three criteria for small company status), the substantial increase in creditors—a 120% jump—and the decrease in equity—a 440% drop—are worrying signs. The company’s financial statements are unaudited, and no auditor is mentioned, relying on director-reported data.

It's clear that Snic Rail Uk Ltd is experiencing some financial strain, despite a substantial increase in cash. The company's focus on a niche market—train detection components—may offer some resilience, but the need to manage debt and improve profitability is evident.

Registered in England/Wales under the registration number 12283198, with a registered address at HU17 8EU, United Kingdom, Beverley, East Yorkshire, 72 Lairgate.

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