Etac Limited

Etac Limited is a large company, holding company, and active entity established 25 years ago in Kidderminster, UK. With 72 employees and £9,626,426 in assets, the company generated £24,213,122 in revenue last year. It operates from a real address and is managed by four directors, with one owner. Etac regularly imports furniture, lighting, and prefabricated buildings, and exports vehicles, parts, and accessories (excluding trains and trams).

The company functions as a Microsoft certified partner, providing Microsoft technology to businesses to improve efficiency and productivity. Its website details a range of services, including Microsoft Dynamics NAV development consultancy, and highlights partnerships with companies like Continia, Insight Works, and Jet Reports. It also sponsors NC United Football Club.

Financially, Etac Limited’s current assets increased by 7.4% to £9.6 million, while net assets grew by 11% to £5.6 million. However, bank borrowings increased significantly by 200% to £1.1 million, and cash reserves fell 10% to £4 million. Trade debtors decreased by 5.9%, suggesting better payment collection. Despite a slight dip in profits, the company’s large asset base and revenue generation indicate a stable position. The company’s auditor, Bishop Fleming LLP, has reported no matters of exception. It’s likely that the increase in bank borrowings is linked to ongoing investments in Microsoft Dynamics services and partnerships, and the decrease in cash reserves is a natural consequence of growth.

Registered in England/Wales under the registration number 03936516, with a registered address at DY10 4JD, England, Kidderminster, Unit 60 Hartlebury Trading Estate, Hartlebury.

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