Pantaq Ltd

Pantaq Ltd, based in Rugeley, UK, is a small, active company founded 14 years ago. With five employees and £527,602 in assets, it's a solo-founded operation led by two directors and one owner. Accounts are currently overdue by three months, a slight concern. The company operates from a real address, with only two other companies registered there, suggesting a relatively low-profile presence.

Pantaq’s business model is split between importing and exporting. It’s an irregular importer, bringing in essential oils and perfumes for a couple of months, with the latest import occurring in February 2024. However, it’s a regular exporter of optical and medical tools and devices, having exported for twelve months, with the last export in April 2020. The company’s website highlights its focus on providing affordable medical supplies from trusted brands to healthcare services and traders worldwide. It positions itself as a procurement specialist, offering services like product identification, reliability, optimization, and quality assurance. The site also features a COVID-19 resource center and emphasizes its expertise in logistics and risk reduction.

Financially, Pantaq Ltd’s performance shows some mixed signals. While bank borrowings increased by a substantial 21%, cash reserves fell by 20%, a bit worrying. Creditors decreased by a significant 26%, which is a positive sign. Net assets declined by 7.9%, and losses deepened, suggesting the company is burning through money. Trade debtors increased by a large 84%, which could be a sign of delayed payments or an expansion of credit terms. 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 declining equity raises questions about its long-term sustainability. No auditor is mentioned, likely due to its small size and exemption from an audit.

Registered in England/Wales under the registration number 07246005, with a registered address at WS15 1LH, United Kingdom, Rugeley, Staffordshire, Unit 17 Lea Hall Enterprise Park, Wheelhouse Road.

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