Systal Technology Solutions Limited

Systal Technology Solutions Ltd, based in Glasgow, UK, is a sizable company with a strong presence in the technology services sector. Founded 16 years ago in 2008, the firm employs 319 people and holds assets totaling £21,231,756. With an annual revenue of £69,942,350, it's a significant player, acting as both a holding company and a regular importer and exporter of electrical machinery and equipment. The company has three directors and one owner, and maintains a 4.0 Google rating from 22 reviews.

The company’s website showcases a broad range of services, primarily focused on managed network, cloud, and security transformation. Systal offers professional services including workplace assessment, technology design, and operational support. It also provides specialized services like cloud technical support and security operations. The site highlights case studies demonstrating success in areas like cost optimization, risk mitigation, and agility improvement. Systal’s website suggests a focus on enterprise clients, offering solutions for businesses across various industries.

Financially, Systal’s report reveals some interesting trends. While turnover increased by a healthy 27%, net assets took a significant hit, dropping 45% to £7.6 million. Bank borrowings increased by 47% to £5.2 million, while cash reserves decreased by 18% to £1.1 million. Creditors decreased by 15% to £2 million. The company’s large size (meeting two of three criteria for a large company) suggests a robust operation, but the decline in equity raises questions. Despite these challenges, the company’s strong revenue growth and wide range of services suggest a resilient business model. The report does not mention an auditor, likely due to exemptions for companies of this size. The company’s current financial instruments increased by 35%, which is a little concerning.

Registered in Scotland under the registration number SC345442, with a registered address at G33 1AP, Scotland, Glasgow, Rowan House 1 Robroyston Oval, Nova Business Park.

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