Re-tec Ltd

Re-Tec Ltd, based in Deeside, UK, is a small, active family business founded twelve years ago. Employing just three people, the company holds £303,626 in assets and operates a real address at a business park. With two directors and two owners, Re-Tec Ltd is a tight-knit operation that runs an e-commerce site. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 24 months of import activity recorded, and exports plastics and plastic products, with 36 months of export activity.

Re-Tec’s website highlights its focus on equipment hire, finance, and training, alongside its online shop. It seems to specialize in CIPP lining material for drainage contractors, emphasizing customer service and innovative techniques. The site also features testimonials from satisfied customers, further reinforcing its reputation.

Financially, Re-Tec Ltd’s numbers show a mixed picture. Current assets decreased by 4.2% to £300,000, while net assets remained steady at £110,000. Bank borrowings decreased slightly, and cash reserves fell by 14% to £59,000. Creditors decreased by 2.8%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the slight decrease in cash reserves is something to keep an eye on. The company is exempt from an audit, so the figures are unaudited.

Overall, Re-Tec Ltd appears to be a stable, albeit small, business navigating the challenges of the current economic climate. It's clear they are focused on providing quality equipment and services to their customers, but the slight dip in cash reserves suggests they may need to monitor their financial position closely in the coming months.

Registered in England/Wales under the registration number 08285049, with a registered address at CH5 2LD, United Kingdom, Deeside, Unit 4 Parkway Business Centre Sixth Avenue, Deeside Industrial Park.

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