Comptec Limited

Comptec Ltd from Walsall, UK, is a small holding company with an active status, having been founded 28 years ago in 1996. The company employs 30 people and holds assets totaling £2,709,514. It has a real address, is managed by four directors, and is owned by one entity. Comptec Ltd regularly imports machinery, boilers, and mechanical appliances, parts—93 months of import activity were recorded, with the latest operation in February 2025—and exports similar items, though at a smaller scale, with just 4 months of export activity, the last in November 2024.

The company operates in the repair of other equipment industries, and is a small business, meeting two of the three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The registered address is a real address, as only one other company is registered there.

Financially, Comptec Ltd shows some concerning trends. While fixed assets remained relatively stable, cash reserves declined by 30% to £170,000. Bank borrowings increased by 9.3%, reaching £64,000, and trade debtors rose by 8.3% to £2.1 million. Creditors, however, decreased by 6%, suggesting improved debt management. The company’s net assets increased by 4.6% to £2.2 million. The company’s financial statements are unaudited, as it’s exempt as a small company.

The increase in bank borrowings and decrease in cash reserves could indicate that the company is reinvesting in its business or facing temporary cash flow challenges. The rise in trade debtors suggests that customers are taking longer to pay, which could put a strain on the company's working capital. The decrease in creditors, however, is a positive sign, suggesting that the company is managing its supplier payments effectively.

Registered in England/Wales under the registration number 03245282, with a registered address at WS2 8NG, England, Walsall, West Midlands, Unit 6 District Business Park, Birchills Street.

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