System Plate Manufacture Limited

System Plate Manufacture Ltd, based in York, UK, is a small holding company with an active status, established eight years ago. The company employs nine people and holds £922,264 in assets, operating from a virtual address. With one director and one owner, it maintains a stellar 5.0 Google rating based on 21 reviews. The company is a regular importer of electrical machinery and equipment, with recent imports recorded just three months ago.

The company’s website details its role as a leading designer and manufacturer of number plate components and printing systems. It boasts a global presence, with distributors worldwide and branches throughout Europe. SPM operates a network of regional sales managers and a technical support department, offering onsite service and maintenance. The company is ISO9001 accredited and committed to sustainable development, evidenced by a recent gold standard ESG audit. It provides a range of services including design, assembly, and technical support, catering to both multinational corporations and smaller retail sites. The company’s locations include Castleford, Bourg-en-Bresse, and Pamplona.

Financially, System Plate Manufacture Ltd shows some interesting trends. Cash reserves increased significantly by 49% to £400,000, which is good news. However, creditors decreased by 33% to £500,000, and net assets increased by 130% to £590,000. The company’s assets decreased by 10% to £920,000, while bank borrowings surged by 2,400% to £29,000. The company's turnover is not reported, but it meets the criteria to be a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. The significant increase in bank borrowings could be a sign of investment or expansion, but it also warrants close monitoring.

Registered in England/Wales under the registration number 10374097, with a registered address at YO1 7DN, York, North Yorkshire, Club Chambers, Museum Street.

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