Real Tech Services Limited

Real Tech Services Ltd, based in Canary Wharf, London, is a small, active company founded seven years ago in 2018. With a single employee and £140,760 in assets, it's a solo-founded venture led by a director and owner. The company operates in the wholesale of computers, computer peripheral equipment and software, and other information technology service activities. It’s a irregular importer of optical and medical tools and devices (one month imported) and an irregular exporter of electrical machinery and equipment (two months exported).

The company’s website highlights its focus on international consumer electronics wholesale, supplying products at competitive prices. It lists a range of products, including Garmin devices and CEP compression wear, and encourages customers to contact them for more information. The site emphasizes a commitment to fast customer support and a 30-day return policy.

Financially, Real Tech Services Ltd has experienced a significant downturn. Current assets have plummeted 94%, dropping to just £140,000, while net assets have also seen a dramatic decrease, falling 82% to £370. Bank borrowings have increased, and cash reserves have fallen 60% to £47,000. Trade debtors have also seen a significant decline, suggesting potential issues with customer payments. Creditors, however, have decreased by 94%, which could indicate improved 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) allows for agility, but the sharp decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Real Tech Services Ltd appears to be facing financial challenges, with a sharp decline in assets and profitability. While its wholesale business model and focus on consumer electronics suggest potential for growth, the company will need to address its financial issues to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11229931, with a registered address at E14 5NR, England, Canary Wharf, London, 40 Bank Street, Level 18 Servcorp.

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