Strumis Ltd

Strumis Ltd from Derby UK: a small, holding company with an active status, has been a fixture in the UK business landscape for 38 years. Founded in 1986, the company employs 33 people and holds £5,635,720 in assets. With three directors and one owner, Strumis Ltd operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances, with parts – 25 months of import activity and 83 months of export activity recorded.

The company's website highlights its core business: providing "World Leading Steel Fabrication Management Information Software." Strumis connects, streamlines, and simplifies steel fabrication projects, aiming to reduce errors and increase efficiency. The site details a comprehensive suite of modules, including estimating, purchasing, document management, contracts management, and production control. It even offers bespoke software consultation, suggesting a focus on tailored solutions for its clients.

Financially, Strumis Ltd presents a mixed picture. While current assets have increased by a healthy 37% to £5,600,000, net assets have plummeted by 48% to -£610,000. Bank borrowings remain stable, but cash reserves have also risen by 11% to £3,100,000. Trade debtors have ballooned by a significant 190%, which could indicate delayed payments or expanded credit terms. 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 agility, but the substantial equity decline warrants attention. The company’s accounts are unaudited, and no auditor is mentioned.

Despite these challenges, Strumis Ltd's focus on specialized software and its established presence in the steel fabrication industry suggest a resilient business. The company's long history and commitment to customer solutions could help it navigate the current financial pressures and continue to serve its niche market.

Registered in England/Wales under the registration number 02074149, with a registered address at DE21 6LY, England, Derby, Truro House Stephensons Way, Chaddesden.

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