Srm Industries Limited

Srm Industries Ltd from Hatton UK is a small holding company with an active status, established sixteen years ago. The company employs seventy-seven people and holds assets worth £2,798,829. Based at a real address with four directors and one owner, Srm Industries operates as a regular importer of electrical machinery and equipment (five months of imports) and a regular exporter of rubber and rubber products (ninety-nine months of exports).

The company’s website showcases a specialist in custom rubber moulding, serving a wide range of industries from rail to medical. Srm Industries offers injection, compression, overmoulding, and other specialised moulding services, alongside engineering services like CNC milling and reverse engineering. The site highlights the company's forty years of experience, state-of-the-art machinery, and in-house toolmakers—a clear emphasis on quality and British manufacturing. The website also features a blog with articles on rubber moulding techniques and applications, demonstrating a commitment to industry expertise.

Financially, Srm Industries Ltd presents a mixed picture. Current assets have decreased by 8.7% to £2,800,000, while net assets have fallen significantly by 27% to £410,000. Bank borrowings have also declined by 14% to £2,000,000, and cash reserves have decreased by 14% to £45,000. Trade debtors have increased by 6% to £2,300,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. Accrued liabilities have increased by 45%, and the company’s property, plant, and equipment have decreased by 29%. The company’s financial statements are unaudited, as it is exempt as a small company.

The decline in net assets and cash reserves, alongside the increase in accrued liabilities, suggests the company may be facing some financial pressure. However, the ongoing import and export activity, combined with the focus on specialised services, indicates a resilient business model. The company's commitment to innovation and quality, as highlighted on its website, could be key to navigating these challenges.

Registered in England/Wales under the registration number 06699670, with a registered address at DE65 5EL, Hatton, Derbyshire, Castleview Industrial Estate, Station Road.

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