Summit Equipment Supplies Limited

Summit Equipment Supplies Ltd, based in Somercotes, UK, is a small, active holding company established 38 years ago. With nine employees and £1,780,583 in assets, the company operates from a real address and is overseen by three directors and one owner. It holds a respectable Google rating of 4.0 based on three reviews. The firm regularly imports optical and medical tools and devices, with the most recent import occurring in February 2025.

The company’s primary business involves the manufacture of lifting and handling equipment, as well as the repair and maintenance of other transport equipment. While a website isn't available, this suggests a B2B focus, likely supplying equipment to industrial clients rather than engaging in direct-to-consumer e-commerce.

Financially, Summit Equipment Supplies Ltd presents a mixed picture. While bank cash reserves increased by 17% to £470,000, net assets remained stable at £1,700,000. Trade debtors surged by 56% to £470,000, which could indicate increased sales but also potential challenges in collecting payments. Creditors decreased by 18% to £190,000, suggesting better management of short-term liabilities. A significant increase in accrued liabilities, rising 11% to £8,700, might signal increased operating expenses. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is listed, which is typical for companies of this size.

The increase in the number of employees reported, from nine to ten, could be a positive sign of growth, though it’s important to note that the financial data doesn't necessarily reflect this immediately. Overall, Summit Equipment Supplies Ltd appears to be navigating a complex financial landscape, balancing growth opportunities with the need for careful expense management.

Registered in England/Wales under the registration number 02094242, with a registered address at DE55 4RF, Somercotes, Derbyshire, Clover Nook Road, Clover Nook Industrial Estate.

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