Pritech Ltd

Pritech Ltd from Harrow UK: a small, active company founded six years ago, holds £21,699 in assets, and operates from a real address. It’s a solo-founder venture led by two directors and one owner, Rahman Habib. The company’s status is active, and it’s been operating since January 28, 2019.

Pritech Ltd focuses on retail sales via mail order houses or via the internet. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. The company’s website is currently unavailable, which makes it difficult to ascertain the specifics of its online presence. It’s unclear if they have an e-commerce site or if they operate solely through other platforms.

Financially, Pritech Ltd presents a mixed picture. Current assets have decreased slightly, dropping 8.1% to £22,000. Equity, however, has taken a significant hit, plummeting by 1900% to -£840. Bank borrowings have remained steady at £21,000, and cash reserves have increased by 120% to £250. Creditors have also decreased, suggesting improved management of short-term debts. The company’s small size allows for agility, but the dramatic equity decline warrants attention. The accounts are unaudited and prepared as filleted accounts, meaning they are exempt from a full audit.

Registered in England/Wales under the registration number 11792564, with a registered address at HA1 2FL, England, Harrow, Meddlesex, 20 Ryan House Sovereign Place.

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