Src Systems Limited
- Active
- Small
- 30 years
- 3 employees
- £1,586,436 (assets)
- Regular importer
- Regular exporter
- Virtual address
- 2 directors
- 2 owners
- Family business
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Src Systems Ltd, based in Staines-Upon-Thames, UK, is a small, active company founded 30 years ago. With just three employees and £1,586,436 in assets, it’s a family business led by a solo founder, Barron Mark Barry, and Barron Patricia Anne, who also serve as directors and owners. The company operates from a virtual address, registered with 161 other businesses, and regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 17 months of import activity and 39 months of export activity. They do operate in the other manufacturing n.e.c. industries.
The company’s website, infosrcsecuritysystems.co.uk, showcases a different business entirely: SRC Security, a provider of security systems for homes, businesses, and retail premises across Essex. They offer access control systems, CCTV installation, intercom systems, and intruder alarms, catering to a wide range of security needs. The site highlights their expertise and commitment to providing tailored solutions, with a focus on reliability and customer satisfaction.
Financially, Src Systems Ltd shows some interesting trends. Creditors have significantly decreased by 56%, which could indicate improved debt management. However, bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have fallen 30% to £1,100,000. Trade debtors have also risen by 14%, suggesting a possible delay in customer payments. Net assets, however, have increased by 28% to £1,400,000. The company meets the criteria for a small business—with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from an audit, relying on unaudited statements.
The shift to SRC Security, a more customer-facing business, could be a strategic move to diversify revenue streams and leverage existing expertise. Whether this transition is contributing to the fluctuating financial performance remains to be seen, but the company’s long history and family ownership suggest a resilience and adaptability that could help it navigate these challenges.
Registered in England/Wales under the registration number 03035476, with a registered address at TW18 4BP, United Kingdom, Staines-Upon-Thames, Menzies Llp 2nd Floor, Magna House, 18-32 London Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 75%+
- 🇬🇧
Resident of United Kingdom
-
Individual
- 9 years
- 50%+
- 🇬🇧
Resident of United Kingdom
Managers
-
Individual
- 30 years
- 🇬🇧
Resident of United Kingdom
-
Individual
- 30 years
- 1
- 🇬🇧
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-03-20 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-12-31Download 12 pages pdf report
-
Confirmation statement made on 2024-03-20 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Src Systems Limited
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