Radi-tech Limited

Radi Tech Ltd, based in Washington, UK, is a small, active company founded eight years ago. With four employees and £297,859 in assets, it's a modest operation overseen by one director and owner. A 5.0 Google rating from two reviews suggests a positive customer experience. The company regularly imports optical and medical tools and devices (for nine months) and exports inorganic chemicals (for three months).

Radi Tech Ltd operates in the professional, scientific, and technical activities sector. Its website highlights a focus on radiation technologies, offering a range of containers, furniture, and waste storage solutions designed for safe handling of radioactive materials. The site showcases custom lead-lined furniture and even details a project at Liverpool Royal Hospital, where Raditech designed and installed a complete hot working room, integrating all necessary features while eliminating potential hazards. A quick contact form encourages potential clients to reach out.

Financially, Radi Tech Ltd shows some concerning trends. While cash reserves increased by 16% to £38,000, current assets also rose by 46% to £300,000. However, net assets increased by a substantial 110% to £180,000, and bank borrowings decreased by 44% to £13,000. Creditors also increased by 21% to £140,000. The company’s small size (meeting two of three conditions for a small company) helps with agility, but the significant rise in creditors and the lack of auditor information (likely exempt as a small company) warrants closer attention. The company’s equity has also increased substantially, which could be a good sign, but it’s important to see if this is sustainable. The company’s turnover is not mentioned, but it’s likely to be relatively low.

Registered in England/Wales under the registration number 10266646, with a registered address at NE38 0AD, United Kingdom, Washington, 22 Phoenix Road 22 Phoenix Road, Crowther Industrial Estate.

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