Itek Solutions Limited

Itek Solutions Ltd, based in Inverness, UK, is a small, active company founded 17 years ago. With 10 employees and £1,159,410 in assets, it’s a well-established player in its niche. The company operates from a real address and is overseen by one director and owner, Liptrot Calum Mark. It’s a regular importer and exporter, specializing in toys, games, and sports equipment, with 74 months of import activity and 77 months of export activity recorded as of February 2025.

The company's website is simple and professional, featuring a contact form and copyright information. It lists a phone number and address, suggesting a traditional, customer-focused approach. While it doesn't explicitly state its business model, the website hints at a B2B focus, likely supplying retailers or distributors with its imported and exported goods. The website doesn's have a shopping cart, so it's unlikely to be a direct-to-consumer ecommerce site.

Financially, Itek Solutions Ltd presents a mixed picture. While cash reserves increased significantly by 300% to £84,000, creditors decreased by 4.6% to £970,000. Bank borrowings have vanished completely, which is a positive sign. However, the company's net assets have increased by 58% to £370,000, and trade debtors have decreased by 26% to £230,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in debtors is something to watch. No auditor is mentioned, which is common for small companies.

Overall, Itek Solutions Ltd appears to be a stable, albeit small, business. The increase in cash reserves is encouraging, but the decrease in debtors could indicate challenges in collecting payments. The company’s focus on importing and exporting toys, games, and sports equipment suggests a specialized market, and its longevity indicates a degree of success.

Registered in Scotland under the registration number SC337502, with a registered address at IV3 8JA, Scotland, Inverness, 47 Telford Road.

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