Getech Limited

Getech Valueadded Distribution and EdTech Solutions, based in Ipswich, UK, is a sizable company with an active status, having been incorporated 35 years ago in 1989. The firm employs 81 people and holds £11 million in assets. With five directors and one owner, Getech operates from a real address and maintains a 4.0 Google rating from 17 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 59 months of import activity and 61 months of export activity recorded.

Getech's core business revolves around valueadded distribution and EdTech solutions. Its website showcases a wide range of products and services, including technologies from brands like IGEL, HP, Google, and Lenovo. They cater to various sectors, including education, public sector, and private sector, offering services like IT support, consultancy, and training. The website highlights their expertise in areas like Google for Education, LEGO Education, and Chromebooks, positioning them as a key partner for schools and businesses looking to embrace digital transformation.

Financially, Getech’s recent report presents a mixed picture. While cash reserves increased by a substantial 170% to £2.4 million, net assets decreased by 5.7% to £5.6 million. Administrative expenses rose significantly by 37%, reaching £1.5 million, and staff costs increased by 2.3% to £4 million. Trade debtors increased by 30%, suggesting a possible need to manage customer payments more closely. Bank borrowings remained stable, and creditors decreased by 18%. The company’s size (meeting two of three criteria for a large company) allows for agility, but the decrease in equity warrants further observation. The report doesn’t mention an auditor, which is likely due to its size.

Overall, Getech appears to be a well-established player in the EdTech and IT distribution space, but the financial results indicate some challenges. The company’s focus on valueadded services and its strong relationships with leading technology brands should help it navigate these pressures, but close monitoring of its financial performance is necessary.

Registered in England/Wales under the registration number 02436537, with a registered address at IP1 4JQ, Ipswich, Suffolk, Solutions Centre, Knightsdale Road.

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