Zone Systems Limited

Zone Systems Ltd from Lincoln UK: a small holding company with an active status, was founded 22 years ago. The company employs eight people and holds £1,492,415 in assets, operating from a virtual address. It has two directors and one owner, and is an irregular importer of electrical machinery and equipment, with one months of imports recorded.

The company operates in the other construction installation industries. 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, and employees less than 50. The company’s website is not available, so it’s difficult to determine if they have an e-commerce presence.

Financially, Zone Systems Ltd shows some concerning trends. Accumulated amortisation impairment intangible assets remained steady, but accumulated depreciation impairment property plant equipment increased by 88%. Bank borrowings decreased by 26%, while cash bank on hand increased by a substantial 53%. Creditors increased by 17%, and net assets grew by 45%. Despite these positive changes, the increase in bank borrowings and the rise in creditors suggest potential financial pressure. The company’s average number of employees increased by 25%, which could be a sign of growth or increased workload. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s financial data suggests it’s navigating a period of change. While asset growth and increased cash reserves are encouraging, the rise in creditors and bank borrowings warrants careful monitoring. It’s likely the company is investing in its operations, but the sustainability of this growth will depend on its ability to manage its debt and maintain a healthy cash flow.

Registered in England/Wales under the registration number 04766470, with a registered address at LN6 3QR, United Kingdom, Lincoln, Lincolnshire, 4 Henley Way, Doddington Road.

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