Build Test Solutions Limited

Build Test Solutions Ltd, based in Northampton, UK, is a small holding company with an active status, established nine years ago in December 2015. The company employs ten people and holds £313,797 in assets. It’s managed by three directors and owned by two individuals, with a real registered address. The firm irregularly imports and exports optical and medical tools and devices, with recent activity recorded in August 2024 and November 2023 respectively.

The company’s website highlights its focus on building performance measurement, offering products and technologies for energy assessors, surveyors, and construction professionals. They specialize in air leakage testing, ventilation, and thermal performance measurement, catering to a wide range of customers from homeowners to housing providers. The site showcases a range of products, including diagnostic tools, heat loss APIs, and infrared measurement systems, and even features case studies and technical articles.

Financially, Build Test Solutions Ltd presents a mixed picture. While cash reserves saw a dramatic increase of 900% to £54,000, net assets still sit at a negative £48,000. Trade debtors decreased significantly by 54%, suggesting improved collection rates, but bank borrowings increased by 2,400% to £29,000. Creditors also decreased by 15%, which is a good sign. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The substantial increase in bank borrowings, however, suggests the company may be relying on external funding to support its operations. The negative equity, despite the strong cash position, indicates ongoing losses. Whether this is a temporary setback or a longer-term trend remains to be seen, but the company’s focus on a niche market and its commitment to innovation could help it navigate these challenges.

Registered in England/Wales under the registration number 09910663, with a registered address at NN7 4PS, England, Northampton, Building 8, The Royal Ordnance Depot Bridge Street, Weedon.

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