Kroptek Ltd

Kroptek Ltd from London UK: a small company with an active status, was founded eight years ago and employs six people. It holds assets worth £3,330,664, but operates from a virtual address, a detail that’s a little unusual. Five directors manage the company, although there are no listed owners—likely one of the directors holds the shares. The company regularly imports goods, though the category is listed as "none," and exports furniture, lighting, and prefabricated buildings.

Kroptek’s website paints a picture of a technology-driven business focused on controlled environment agriculture. It offers LED grow lights and CEA solutions, targeting sectors like vertical farming, indoor farming, and medical plant cultivation. The company’s website also highlights its commitment to sustainable farming practices, showcasing a network of farms globally. It’s clear that Kroptek is trying to position itself as a leader in innovative agricultural technologies, even partnering with companies like Surexport and Sunden Farms.

Financially, Kroptek Ltd presents a mixed bag. While current assets decreased slightly to £3.3 million, the most concerning trend is the significant drop in equity—a 15% decrease to -£4 million. Bank cash also fell considerably, down 43% to £480,000. Debtors have increased by 23%, which could indicate growing sales, but also a potential issue with collecting payments. Creditors also rose, suggesting increased reliance on short-term financing. The company's small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity raises questions about its long-term financial health. The lack of an auditor mentioned, likely due to its small size, means these figures are unaudited.

It seems Kroptek is investing in growth—particularly in its technology and partnerships—but the financial data suggests it’s burning through cash. Whether this is a temporary phase or a more persistent trend remains to be seen.

Registered in England/Wales under the registration number 10502954, with a registered address at EC2A 2AP, England, London, 9 Appold Street.

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