Soletanche Freyssinet It Uk Limited

Soletanche Freyssinet IT UK Ltd, based in Warrington, UK, is a small holding company with an active status, having been established 21 years ago in 2003. The company employs 28 people and holds assets valued at £2,711,850. It operates from a real address and is overseen by three directors and two owners, although it’s important to note that the owner list isn’t exhaustive. The company is a regular exporter of electrical machinery and equipment (4 months exported), but its import activity is less frequent (1 month imported).

The company’s website reveals a much larger entity: Soletanche Freyssinet, a global leader in soil, structure, and nuclear works. The site doesn't function as an e-commerce platform; instead, it serves as a corporate website showcasing the group's diverse activities and brands, including Soletanche Bachy, Menard, Geoquest, Freyssinet, Nuvia, and Sixense. The site highlights engineering expertise, digital solutions, and a commitment to sustainability, with content focusing on projects and news updates. It’s clear that Soletanche Freyssinet IT UK Ltd serves as a subsidiary within this expansive international organization.

Financially, the company shows some interesting trends. While cash and bank balances increased by a respectable 22%, current assets remained relatively flat, at £2,700,000. However, net assets increased by only 1%, to £3,000,000, suggesting that while cash is growing, other liabilities are also increasing. Trade creditors saw a significant decrease of 76%, which is a positive sign of improved debt management. Bank borrowings, however, have increased substantially, by 2400%, reaching £29,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in borrowing raises questions about its financial leverage. The company’s accounts are audited, and Advance Audit Limited is the auditor. The company’s financial statements are prepared in accordance with the provisions applicable to companies subject to the small companies regime.

In summary, Soletanche Freyssinet IT UK Ltd appears to be a financially stable, albeit small, subsidiary operating within a much larger global group. While it’s showing some signs of increased borrowing, the decrease in trade creditors suggests improved financial management.

Registered in England/Wales under the registration number 04968274, with a registered address at WA3 6GD, England, Warrington, Cheshire, Element Temple Court, Risley.

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