Bri-tek Technologies Ltd

Bri-Tek Technologies Ltd, based in Bolton, UK, is a small, active company founded 14 years ago. With four employees and £957,797 in assets, it’s a modest operation led by a solo founder and overseen by four directors and two owners. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 76 months of imports and 7 months of exports recorded.

The company’s website, brike-technologies.com, showcases a wide range of LED lighting solutions and solar PV systems, catering to commercial, industrial, and domestic sectors. It's a B2B focused operation, selling directly to businesses and offering services like solar car port installations. The site also highlights expertise in hazardous environments and offers a catalogue for download. It appears to be a fully functioning e-commerce site, although the technical messages regarding translation loading suggest some underlying development issues.

Financially, Bri-Tek Technologies Ltd shows a mixed picture. Cash reserves have significantly dropped, falling by 95% to just £1,700. Bank borrowings have also increased, rising by nearly 50% to £30,000. Trade creditors have decreased by 41%, which is a positive sign. However, net losses have deepened, and finished goods have decreased, suggesting a need to manage inventory more efficiently. The company meets the criteria for a small company, with turnover under £10.2m and assets under £5.1m. The lack of an auditor mentioned is consistent with its small size and exemption from an audit.

Overall, Bri-Tek Technologies Ltd appears to be facing some financial headwinds, with decreasing cash reserves and rising debt. However, its focus on niche markets like hazardous environments and solar solutions, combined with its established import/export activity, suggests potential for future growth – although some attention to the website’s technical messages would be beneficial.

Registered in England/Wales under the registration number 07286943, with a registered address at BL3 2AW, England, Bolton, Unit G10 Hartford House, Weston Street.

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