R-tech Services Ltd

R-Tech Services Ltd, based in Port Talbot, UK, is a small holding company with an active status, celebrating 22 years since its founding in 2002. Employing 29 people, the company holds £1,332,202 in assets and operates from a real address shared by four other businesses. With four directors and one owner, it maintains a stellar 5.0 Google rating based on six reviews. The company regularly imports optical and medical tools and devices, with its last import activity recorded five months ago.

The company’s website reveals a comprehensive materials testing and consultancy service. R-Tech Materials, as it’s known, provides expertise across various industries, including automotive, aerospace, and power generation. Services range from failure analysis and plant integrity assessments to metallographic replication and product testing. It even has a division specializing in piano restoration, a surprising but prestigious addition to its portfolio. The website emphasizes world-class expertise and a commitment to serving clients at the forefront of their industries.

Financially, R-Tech Services Ltd shows a mixed picture. Cash reserves significantly increased by 250%, reaching £510,000, which is a positive sign. However, accrued liabilities increased by a substantial 250%, hitting £57,000, which may indicate growing operational expenses. Bank borrowings decreased by 23%, falling to £130,000, suggesting improved debt management. Creditors also increased by 53%, reaching £570,000, and trade debtors rose by 16%, which could be a result of increased sales, but also a potential risk if payments are delayed. Equity increased by 30%, reaching £1,300,000, a good indicator of overall financial health. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the rise in liabilities warrants attention. No auditor is mentioned, which is typical for companies of this size. The company’s accounts are unaudited.

Registered in England/Wales under the registration number 04547830, with a registered address at SA13 2PE, Wales, Port Talbot, Testing House Kenfig Industrial Estate, Margam.

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