Invotech (uk) Ltd
- Small
- Active
- 25 years
- £133,087 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Solo founder
- Rating 5.0 (2)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Invotech (uk) Ltd, based in Walsall, UK, is a small, active company established 25 years ago. With £133,087 in assets and a real address, it’s a family-run operation with two directors and a single owner, Gary Sahota, who also serves as the solo founder. The company boasts a stellar 5.0 Google rating from two reviews. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with the last import activity recorded just one month ago.
The company’s website highlights its expertise in retail security loss prevention systems and antitheft devices. It operates as a supplier of security tagging systems, labels, and detachers, catering to shops and public spaces across the UK. The website emphasizes 25 years of experience and a wide range of solutions to suit various budgets, aiming to protect property and merchandise. It even offers advice on the best security tags for products.
Financially, Invotech (uk) Ltd shows a mixed picture. Cash bank on hand has increased significantly by 41%, reaching £110,000, while debtors have decreased by 34% to £16,000. Creditors have also increased by 20% to £30,000. Equity has grown by 18% to £120,000, and loans from directors have increased by 66% to £9,400. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. However, the increase in loans and a rise in other creditors, including a substantial increase of 800% in other creditors, suggest a possible need for careful financial management. No auditor is mentioned, which is typical for small, exempt companies.
Overall, Invotech (uk) Ltd appears to be navigating a period of change, with increased cash reserves offset by growing debts. It's a company that's been around for a while, but it’s clear that it’s still working to maintain a healthy financial balance.
Registered in England/Wales under the registration number 03830245, with a registered address at WS5 3AA, England, Walsall, 249 Birmingham Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 25 years
-
Resident of United Kingdom
-
Individual
- 25 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
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Confirmation statement made on 2024-08-16 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2022-12-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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