Hot Solder Ltd

Hot Solder Ltd, based in Glenrothes, UK, is a small, active company founded three years ago. Despite its active status, the company currently has accounts overdue for five months. With just two employees and £38,501 in assets, it’s a compact operation managed by two directors and one owner, Usher Martin Luke. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, saleshotsolder.co.uk, reveals a more detailed picture. Hot Solder positions itself as “The Engineering Resource Company,” specializing in the development of high-reliability industrial control and datacapture solutions. They work with clients in sectors like aerospace, automotive, and medical, offering design, prototyping, manufacturing, and testing services. The site emphasizes a comprehensive quality system and a focus on combining design, prototyping, manufacturing, and supply chain needs. They even offer blog posts and news articles.

Financially, Hot Solder Ltd’s numbers paint a mixed picture. While cash bank on hand remained stable at £9,600, current assets were unchanged at £39,000. Trade debtors remained consistent at £8,800, and trade creditors also stayed the same at £11,000. However, equity dropped slightly to £7,200. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of auditor information suggests the company is exempt from an audit.

The company’s consistent revenue and stable cash reserves indicate a steady, if not rapidly growing, business. The overdue accounts, however, could be a cause for concern, perhaps reflecting delayed payments from clients or internal cash flow management issues. It's likely the company is navigating the challenges common to small businesses, balancing growth with financial stability.

Registered in Scotland under the registration number SC711252, with a registered address at KY7 6PZ, Scotland, Glenrothes, 5 Flax Mill Lane, Milton Of Balgonie.

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