Aquatec Group Limited

Aquatec Group Limited, based in Basingstoke, UK, is a small, active company established 34 years ago. With eleven employees and assets totaling £1,076,065, it's a long-standing player in its field. The company, founded by a solo entrepreneur, is currently managed by three directors and owned by Smerdon Andrew Michael. It regularly imports and exports optical and medical tools and devices – 62 months of import activity and 181 months of export activity recorded, with the most recent operations in January and February 2025 respectively.

The company's website highlights its focus on subsea integrity and monitoring solutions. It provides services like hydrotesting, strain monitoring, and leak detection, catering to industries like offshore wind and marine construction. They offer both hardware (sensors, instruments) and software solutions, and even provide rental services. The site also features a news section showcasing partnerships and participation in industry events, like the Offshore Technology Conference (OTC) and the UK Offshore Wind Supply Chain exhibition. It’s clear they are actively promoting their products and services to a global audience.

Financially, Aquatec Group Limited shows some interesting trends. While current assets increased by 12% to £1,100,000, cash bank on hand decreased significantly by 44% to £390,000. Trade debtors have ballooned by a staggering 220%, reaching £530,000 – this could indicate a shift in payment terms or potentially some delayed customer payments. On a positive note, creditors decreased by 26%, suggesting improved debt management. Net assets have increased by 51% to £610,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors warrants a closer look. No auditor is mentioned, likely due to exemption as a small company. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 02523284, with a registered address at RG24 8FW, Basingstoke, Hampshire, Aquatec House, Stroudley Road.

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