Ateq Uk Limited

Ateq Uk Limited, based in Redditch, UK, is a small holding company with an active status, established 31 years ago in 1994. Employing six people and holding assets of £739,685, the company operates from a real address and is overseen by three directors and one owner. Ateq Uk Limited regularly imports and exports optical and medical tools and devices, with 62 months of import activity and 23 months of export activity recorded.

The company's core business revolves around the repair of other equipment, and it's a key supplier of leak testing machines and systems. Its website showcases a wide range of products, from leak testers and flow testers to tracer gas testers and volume testers, catering to industries like automotive, medical, packaging, and electronics. Ateq also offers custom solutions and calibration services, emphasizing its expertise and global presence. The company even has a presence in the hydrogen sector with specialized equipment.

Financially, Ateq Uk Limited demonstrates a mixed picture. Cash reserves saw a substantial increase of 88%, reaching £540,000, while current assets grew by 27% to £740,000. However, trade debtors decreased significantly by 36%, dropping to £150,000, which could indicate challenges in collecting payments. Creditors also increased by 38%, reaching £130,000. Despite a decline in depreciation for computer equipment, overall property, plant, and equipment increased by 610%. 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 creditors suggests a need to manage debt effectively. The lack of a mentioned auditor is consistent with its status as a small company. The company's focus on specialized equipment and custom solutions, combined with its global reach, positions it well for continued growth, although careful financial management will be essential.

Registered in England/Wales under the registration number 02896068, with a registered address at B98 0EA, Redditch, Worcs, Unit 71 Heming Road, The Washford Industrial Estate.

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