Systemation Euro Limited

Systemation Euro Limited, based in Peterborough, UK, is a small company with an active status, celebrating 33 years in business. Employing 30 people, the company holds assets worth £3,606,573 and operates from a real address. It’s managed by one director and one owner. The company regularly imports and exports electrical machinery and equipment, with 147 months of import activity and 81 months of export activity recorded.

The company’s website describes Systemation Euro as "Europe's Major Electronics Manufacturer," specializing in IC programming, taping, and reeling services. It’s a global provider, even boasting a presence at Harrods, London. The site details a wide range of services, from carrier tape programming to dry packing and laser marking, catering to the electronics industry. It even supplies consumables and offers OEM project support. The website is well-designed and clearly aimed at a business-to-business audience.

Financially, Systemation Euro Limited’s report shows some concerning trends. While net assets remain at £2,500,000, they have fallen by 14% compared to the previous year. Bank borrowings have dramatically increased by 97%, reaching £31,000, and cash reserves have decreased by 30% to £28,000. Trade debtors have also risen by 15%, suggesting potential issues with customer payments. On the positive side, creditors have decreased by 18%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decline in equity is a red flag. There is no mention of an auditor, which is common for small companies exempt from an audit.

Overall, Systemation Euro Limited appears to be a well-established player in the electronics services sector, but the recent financial data suggests it’s facing some challenges. The company’s long history and diverse range of services provide a solid foundation, but managing its cash flow and addressing the increase in debt will be crucial for its future success.

Registered in England/Wales under the registration number 02695678, with a registered address at PE2 6FT, England, Peterborough, Mha Macintyre Hudson 1 The Forum, Minerva Business Park, Lynch Wood.

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