Artech Services Limited

Artech Services Ltd, based in Cannock, UK, is a small, active company established 27 years ago. With three employees and £137,035 in assets, it's a modest operation managed by three directors and two owners. The company operates from a real address and has a long history of importing and exporting electrical machinery and equipment – 4 months of imports and 71 months of exports recorded. It’s a regular importer, with its top import category being Electrical machinery and equipment, totaling 4 months of imports. The last import operation was conducted on October 01, 3024. The company is a regular exporter, with its top export categories including Electrical machinery and equipment, totaling 71 of months exports. The last export operation took place on October 01, 2024.

The company’s website highlights its expertise in heat treatment equipment, spares, and accessories. It's clear they cater to a specialized market, offering services ranging from equipment manufacturing to bespoke design and even repairs. The site’s layout is a little dated, but it does showcase a wide range of products and services, including ceramic heating elements, insulation mesh, and even recorders and programmers. It’s a business that seems to have evolved over time, building a reputation for quality and reliability.

Financially, Artech Services Ltd’s recent performance presents a mixed picture. Current assets have decreased by 26%, dropping to £140,000, while net assets have fallen by 5% to £48,000. Cash reserves have also declined, though not as dramatically. Interestingly, bank borrowings have increased significantly, and trade debtors have fallen considerably. 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 it to remain flexible, but the decrease in equity and increase in borrowings suggests a need for careful financial management. No auditor is mentioned, which is typical for a small company. The company’s average number of employees during the period has also decreased by 33%, from 3 to 2.

It's clear that Artech Services Ltd is a long-standing business navigating the challenges of a competitive market. While its specialized focus and established reputation provide a solid foundation, the recent financial trends suggest a need to monitor cash flow and manage debt levels.

Registered in England/Wales under the registration number 03441402, with a registered address at WS11 0XU, Cannock, Staffordshire, Unit 9 South Staffs Business Park, Hawkins Drive.

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