N Tec Solutions Limited

N Tec Solutions Ltd, based in Slough, UK, is a small, active company established 24 years ago in 2000. With six employees and £256,300 in assets, it’s a solo-founded operation led by a single director and owner. The company operates from a real address and regularly imports electrical machinery and equipment (3 months of activity) and exports machinery, boilers, and mechanical appliances (7 months of activity). Its website is currently unavailable.

The company’s activities seem to revolve around providing other service activities n.e.c., suggesting a diverse range of technical or consultancy services. While the lack of a website makes it difficult to fully understand their offerings, the import/export activity points to a business involved in sourcing and distributing technical equipment.

Financially, N Tec Solutions Ltd presents a mixed picture. Current assets have decreased by 48%, falling to £260,000, while cash reserves have plummeted 67%, leaving only £83,000. Bank borrowings have also decreased, however. Trade debtors have fallen by 58%, suggesting improved collection of payments, and creditors have decreased by 85%, indicating better management of short-term liabilities. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant drop in equity – 14% - raises concerns about its long-term financial health. With no auditor mentioned, the figures rely on unaudited statements.

The decrease in cash reserves, in particular, is something to keep an eye on. While improved debt management is a positive sign, the company may need to carefully manage its expenses and potentially explore options for securing additional funding to ensure its continued operations.

Registered in England/Wales under the registration number 04115718, with a registered address at SL2 5HF, Slough, Berkshire, Unit 18 Wexham Bus Village, Wexham Road.

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