Equitech Solutions Limited

Equitech Solutions Ltd from Westley UK is a small, active company founded 28 years ago. With just three employees and £149,885 in assets, it’s a family business with a real address and a stellar 5.0 Google rating based on two reviews. The company is led by three directors and owned by two individuals, Gail and Richard Smith.

The company operates in the retail sale via mail order houses or via internet industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The website is not available, so it’s difficult to ascertain the exact nature of its e-commerce operations.

Financially, Equitech Solutions Ltd presents a mixed picture. While cash reserves decreased by a significant 58% to £23,000, bank borrowings remained stable at £10,000. Creditors decreased by 32%, which is a positive sign, but net assets plummeted 86% to £12,000. Property, plant, and equipment also saw a substantial decrease of 75%. Trade debtors increased by 32%, which could indicate delayed payments or an expansion of credit terms. The company is exempt from an audit, so the financial statements are unaudited. It's likely that the company is facing some financial pressure, but the decrease in creditors suggests better debt management.

Registered in England/Wales under the registration number 03340426, with a registered address at IP33 3TQ, United Kingdom, Westley, Suffolk, The Limes, Fornham Lane.

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