Gartec Ltd.

Gartec Ltd, based in Aylesbury, UK, is a sizable company operating as a holding company with an active status. Established 31 years ago in 1994, it employs 68 people and holds assets valued at £9,110,577. The company has a real address, four directors, and one owner, and runs an e-commerce site. It boasts a Google rating of 4.0 based on 21 reviews and regularly imports machinery, boilers, and mechanical appliances—parts, with 71 months of import activity.

Gartec is a leading UK lift company, specializing in commercial, home, and goods lifts. Its website showcases a wide range of products, including Aritco platform lifts, Vimec step lifts, and ILS platform lifts, catering to diverse needs from accessibility solutions to high-end residential installations. The company also provides lift service and warranty packages, refurbishment services, and spare parts. It seems to have a strong focus on marketing, with case studies, a CPD program, and BIM models available for download. It’s a bit confusing that they have a UK wide network of engineers.

Financially, Gartec Ltd presents a mixed picture. Current assets increased by 20% to £9,100,000, which is good news. However, net losses increased by 8.5% to £380,000, indicating ongoing challenges in profitability. Bank borrowings increased by a significant 51%, reaching £610,000, and cash reserves fell by 140% to £260,000. Creditors also rose substantially by 21%, to £6,300,000. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at a scale that requires careful financial management. The accounts were audited by Saffery LLP.

Overall, Gartec Ltd appears to be a well-established player in the lift industry, but its financial performance suggests it's facing some headwinds. The company's strong marketing efforts and diverse product range could help it weather these challenges, but close monitoring of its financial situation will be essential.

Registered in England/Wales under the registration number 02898632, with a registered address at HP19 8HL, Aylesbury, Buckinghamshire, Unit 6 Midshires Business Park, Smeaton Close.

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