Bevtech - Trading Ltd

Bevtech Trading Ltd, based in Haywards Heath, UK, is a small, active company founded five years ago. With a single employee and £103,273 in assets, it’s a solo venture led by its founder and director, Cowderoy David. The company operates from a real address and regularly imports machinery, boilers, and mechanical appliances; parts, with 60 months of import activity recorded. It functions as agents involved in the sale of machinery, industrial equipment, ships and aircraft industries.

The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform. However, its business model suggests a B2B operation, likely sourcing products and distributing them to other businesses rather than selling directly to consumers.

Financially, Bevtech Trading Ltd presents a mixed picture. While its assets remain stable, key metrics have declined. Cash bank on hand has fallen by 45% to £5,900, and current assets have dropped significantly by 66% to £100,000. Trade debtors have also taken a hit, decreasing by 70% to £85,000. However, creditors have seen a substantial reduction of 59%, falling to £140,000, which could indicate improved debt management. Equity has also decreased, with retained earnings dropping by 7.7% to -£34,000. The company meets the criteria for a small company, with a turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit.

The decline in cash and assets, alongside the decrease in trade debtors, suggests that Bevtech Trading Ltd may be facing some financial pressure. Perhaps customers are taking longer to pay, or the company has increased its spending. The reduction in creditors, however, offers a glimmer of hope, indicating that the company is managing its liabilities effectively. It’s worth noting that the company’s solo founder model, while efficient, may also limit its growth potential.

Registered in England/Wales under the registration number 12430523, with a registered address at RH17 5AH, England, Haywards Heath, Unit 2, Moonhill Farm Burgess Hill Road, Ansty.

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