Hortech Systems Limited

Hortech Systems Ltd, based in Spalding, Lincolnshire, UK, is a small, family-run business with an active status. Established 36 years ago in 1989, it employs 14 people and holds £859,940 in assets. With three directors and two owners, the company operates from a real address and regularly imports machinery, boilers, and mechanical appliances—parts, with 7 months of import activity recorded. It also exports these items, though less frequently, with just 2 months of export activity.

The company’s website highlights its focus on irrigation system design, installation, and sales. It positions itself as a specialist in “tomorrow’s technology today,” offering a range of products and services, including agricultural and horticultural irrigation, sports field solutions, and equipment for glasshouses. The site emphasizes its experience, professional advice, and commitment to customer satisfaction, with a "visit our store" section showcasing its product range. It’s clear that Hortech Systems Ltd caters to a diverse clientele, from market gardens to football fields.

Financially, Hortech Systems Ltd presents a mixed picture. Current assets decreased by 7.1% to £860,000, while debtors increased significantly by 52% to £520,000. Bank cash decreased by 45% to £240,000. Creditors also decreased by 20% to £220,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 30 employees) allows for flexibility, but the decline in cash reserves and the increase in debtors suggest potential cash flow challenges. The company’s profit loss decreased by 71% to £47,000. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Hortech Systems Ltd appears to be a stable, albeit somewhat pressured, business. Its focus on irrigation technology and its long-standing presence in the market provide a solid foundation, but managing cash flow and maintaining profitability will be key to its continued success.

Registered in England/Wales under the registration number 02360633, with a registered address at PE12 7LG, Spalding Lincolnshire, Hall Gate, Holbech.

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