Metertech Ltd

Metertech Ltd, based in Edinburgh, UK, is a small, active company founded four years ago. With a single employee and £67,328 in assets, it operates from a virtual address shared by fourteen other companies, managed by two directors and one owner, Beattie Eric. The company irregularly imports copper and copper products, with the last activity recorded two months ago in December 2023.

Metertech’s website highlights its focus on providing “metering solutions,” specializing in bespoke design, manufacture, and approvals for smart gas, electricity, and water meters. They boast expertise in antiexplosion approvals and even offer design for manufacture, catering to a global supply chain. Copyright 2021 Metertech All Rights Reserved. Privacy Policy.

Financially, Metertech Ltd presents a mixed picture. Cash reserves have taken a significant hit, dropping 60% to £66,000. Current assets have also declined by 59% to £67,000. However, creditors have decreased by 75%, suggesting improved debt management. Equity has fallen 55% to £65,000, a concerning trend. Trade debtors have also decreased, which is a good sign. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and just one employee. No auditor is mentioned, likely due to the small company exemption.

The company’s financial data shows a concerning trend of declining assets and equity, though debt management appears to be improving. While Metertech's website projects a professional image and specialized services, the financials suggest the company may be burning through cash—perhaps a consequence of its startup phase and irregular import activity.

Registered in Scotland under the registration number SC666060, with a registered address at EH12 5HD, Scotland, Edinburgh, Citypoint, 3rd Floor, 65 Haymarket Terrace.

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