Btl Industries Limited

BTL Industries Ltd from Stevenage, UK, is a large company, active for 22 years, employing 25 people and holding £8,702,796 in assets. With yearly revenue of £12,636,620, it operates from a real address and is managed by two directors and one owner. Google reviews give it a 3.0 rating based on ten reviews. The company regularly imports and exports optical and medical tools and devices, with a long history of import activity (58 months) and a shorter export history (4 months).

BTL Industries Ltd's website reveals a focus on aesthetic and longevity solutions for both providers and patients. The site highlights breakthrough technologies for elevating practices and empowering confidence. It showcases treatments like EMFACE and EMSCULPT, alongside media coverage featuring the company's innovations. The website’s design suggests a modern, technology-driven approach to the medical aesthetics industry.

Financially, BTL Industries Ltd’s recent report presents a mixed picture. While turnover increased by a healthy 7%, net assets decreased by 32% to £1.5 million. Bank borrowings increased significantly, reaching £6.6 million – an 88% jump. Creditors also rose, suggesting a reliance on short-term financing. Despite this, cash reserves remained relatively stable at £1.2 million. The company's large size (meeting two of three criteria for a large company) suggests it’s a significant player in its sector. The report, audited by Independent Auditors LLP, doesn’t mention any significant matters giving rise to a modified audit opinion.

The company’s increased reliance on borrowing, combined with the decrease in net assets, suggests it might be investing heavily in growth or facing increased operating costs. However, the continued revenue growth and stable cash position indicate it's not in immediate financial distress. The company’s focus on high-tech aesthetic solutions, coupled with its established import/export operations, positions it for continued success, but careful financial management will be crucial.

Registered in England/Wales under the registration number 04626905, with a registered address at SG1 6BU, England, Stevenage, Hertfordshire, 161 Cleveland Way.

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