Systems Express Limited

Systems Express Ltd from Letchworth Garden City UK: small company, active status, founded 36 years ago, 5 employees, £716,168 assets, real address, 3 directors, 2 owners, family business, solo founder. Regular importer of machinery, boilers, and mechanical appliances; parts (168 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (212 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other information technology service activities industries. The company is a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 168 months of imports. The company is a regular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 212 of months exports.

Systems Express Ltd provides IT deployment, support, and consulting services, specializing in data protection and recovery. The company's website highlights its expertise in cloud services, managed IT, and large-scale database recovery, catering to businesses seeking to optimize their IT infrastructure. It partners with leading technology brands like Actifio, Cisco, and HP, offering a range of solutions from backup and recovery to virtualization and network security. The site also showcases its work with various industries, including education, government, healthcare, and financial services. It's a bit unclear how much of this is actually delivered by Systems Express directly, or if they are acting as a reseller or integrator.

Financially, Systems Express Ltd has seen some significant shifts. Current assets have fallen by 27%, dropping to £720,000, while net assets have also declined, settling at £500,000. Bank borrowings have decreased by 25%, reaching £15,000, and cash reserves have taken a hit, falling 27% to £560,000. Creditors have also decreased by 51%, which is a positive sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in equity raises questions about its long-term financial health. There’s no mention of an auditor, likely due to its status as a small company, meaning the figures are unaudited. It seems like the company is holding steady, but there are some pressures.

Registered in England/Wales under the registration number 02250561, with a registered address at SG6 1PT, England, Letchworth Garden City, Hertfordshire, St Christophers House, Ridge Road.

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