Hi Tech Systems Ltd.

Hi Tech Systems Ltd, based in Basingstoke, UK, is a small, family-run business with an active status, having been established 37 years ago. With just two employees and £104,202 in assets, it’s a modest operation managed by three directors and two owners. The company has a real registered address and operates as an irregular importer of electrical machinery and equipment (last import in 2018) and an irregular exporter of machinery and mechanical appliances (also last activity in 2018).

The company's website, hitecsystems.co.uk, showcases a range of gas analyser and measurement instruments, indicating a focus on industrial equipment. The site highlights products like AtmoCheck analysers, leak detectors, and gas mixers, catering to a B2B market. It's clear the company is targeting a niche within the industrial sector, offering services like sales, support, and even a sales partner program. The site’s cookie preferences page and newsletter subscription form suggest an effort to engage visitors and gather customer data.

Financially, Hi Tech Systems Ltd presents a mixed picture. Cash bank on hand has decreased by 20% to £81,000, and current assets have fallen by 11% to £100,000. Trade debtors have increased significantly, up 140% to £15,000, which could indicate a shift in payment terms or a larger volume of sales. However, creditors have also decreased by 12%, suggesting improved management of short-term liabilities. Equity has fallen by 10%, which is a concerning trend, but the company’s small size (meeting two of three conditions for a small company) allows it to remain agile. No auditor is mentioned, likely due to the small company exemption.

Overall, Hi Tech Systems Ltd appears to be navigating a period of change. While its niche focus and online presence are strengths, the decline in equity and cash reserves warrants attention. The company's ability to maintain its irregular import and export activity, and to adapt to market demands, will be key to its long-term success.

Registered in England/Wales under the registration number 02130346, with a registered address at RG23 7JZ, England, Basingstoke, Homecroft 35 Oakley Lane, Oakley.

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