Z10 Safety Limited

Z10 Safety Ltd from Letchworth Garden City UK: small company, active status, founded 7 years ago, 2 employees, £910,933 assets, virtual address, 1 director, 1 owner. Regular importer of electrical machinery and equipment (50 months imported). 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 last reported current assets is £910,933.

Z10 Safety is a manufacturer of emergency lighting solutions, offering a wide range of products including bulkheads, downlights, exit signs, and conversion kits. Their website highlights a commitment to BS EN 60598222 compliance and emphasizes selftest emergency luminaires. They offer various remote control options and boast up to 5-year warranties on their luminaires and batteries. The company’s website is very professional and well designed, suggesting a focus on both product quality and customer experience. It seems like they’re operating primarily as a B2B supplier, targeting electrical contractors, lighting consultants, and end-users. It’s a very well-presented ecommerce site, with clear product descriptions and technical specifications.

However, the financial picture is a little more complex. While the company has a solid base of £910,933 in assets, cash reserves have taken a hit, decreasing by 39% to £160,000. Bank borrowings have also increased, reaching £29,000, and net losses have deepened. Creditors have decreased, which is a positive sign, but the decline in cash and increase in debt suggests the company is burning through money. The fact that the company has a virtual address, with 251 other companies registered there, is a little concerning and may indicate shared office space or a mail forwarding service. The lack of employees (just two reported) suggests a lean operation, but it also raises questions about the company's capacity to handle increased demand. There is no auditor mentioned, which is likely due to the company's small size and exemption from audit requirements.

Overall, Z10 Safety Ltd appears to be a well-positioned company in a niche market, but it's facing financial pressures. The company’s focus on quality and customer service, combined with its technical expertise, gives it a competitive advantage. However, it needs to carefully manage its cash flow and debt levels to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11327957, with a registered address at SG6 9BL, United Kingdom, Letchworth Garden City, Herts, Suite 501 The Nexus Building, Broadway.

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