South West Instrumentation Limited

South West Instrumentation Ltd, based in Devon, UK, is a small, family-run business with an active status. Founded 24 years ago in 2000, the company employs four people and holds £106,046 in assets. It operates from a virtual address, registered to twelve companies, and is led by three directors and two owners. The firm is a irregular importer, primarily dealing with optical and medical tools and devices, with the last import operation recorded just one month ago in June 2024. It boasts a respectable Google rating of 4.0 based on five reviews.

The company’s website is currently under construction, displaying a simple message of apology and assurance that work is ongoing. This suggests a period of transition or potential expansion, though the lack of online presence limits insight into its current operations. The company operates in the environmental consulting activities industries.

Financially, South West Instrumentation Ltd presents a mixed picture. Current assets have fallen by a significant 38%, dropping to £110,000, while net assets have also declined by 15%, settling at £44,000. Bank borrowings have increased substantially by 480%, reaching £36,000, and cash reserves have also decreased by 41%, settling at £2,300. Creditors have fallen by 48%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and cash reserves raises questions about its financial health. The accounts are unaudited, which is common for small companies. The company’s financial data shows that it is not burning through money like a startup, but it is not showing strong growth either. The increase in bank borrowings suggests a need for additional capital, possibly to support operations or future investments.

Registered in England/Wales under the registration number 04092778, with a registered address at EX14 1BJ, Devon, Queens House, New Street, Honiton.

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