Bartech Propulsion Limited

Bartech Propulsion Ltd, based in Colchester, UK, is a small holding company with an active status, established three years ago. Employing just one person, it holds £315,392 in assets and operates from a real address shared by three other companies. Managed by a single director and owner, the company boasts a stellar 5.0 Google rating based on one review. It's an irregular importer, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded in December 2024.

The company’s website highlights its expertise in marine propulsion, particularly stern tube seals and related equipment. Bartech Propulsion offers services ranging from overhauls and repairs to technical support and even reengineering capabilities, catering to major manufacturers like Wartsila and Rolls Royce. The site emphasizes experienced, OEM-trained engineers and a commitment to minimizing downtime for clients—a key selling point in the demanding marine industry. The business model appears to be service-oriented, with a focus on providing specialized expertise rather than mass-market products. The website’s structure suggests a B2B operation, targeting ship owners, operators, and repair facilities rather than individual consumers.

Financially, Bartech Propulsion Ltd presents a mixed picture. Current assets decreased by 29% to £320,000, while net assets increased by a significant 210% to £52,000—a positive sign. Bank borrowings have not been reported. Cash reserves, however, increased by 35% to £67,000. Trade debtors decreased by 37%, suggesting improved collection practices. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the fluctuations in assets warrant further observation. As a small company, it’s likely exempt from an external audit, relying on unaudited statements.

The company’s financial performance seems to be stabilizing, with increased equity offsetting declines in current assets. The focus on specialized marine services and a strong reputation—as reflected in its Google rating—suggests a sustainable business model, although ongoing monitoring of cash flow and debt management will be important.

Registered in England/Wales under the registration number 13504059, with a registered address at CO1 2HG, England, Colchester, Unit D-F, Chandlers Row.

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