Receptek Limited

Receptek Ltd from Grimsby UK: a small, holding company with an active status, was founded nineteen years ago in 2005. The company employs eight people and holds £590,221 in assets. It’s a family business with four directors and three owners, operating from a real address. Regular imports of furniture, lighting, and prefabricated buildings have occurred over the last four months, while exports of vehicles, parts, and accessories (excluding trains or trams) have been ongoing for three months.

The company’s website showcases a focus on creating positive social spaces through workspace furniture. Receptek specializes in reception desks, bleacher seating, meeting booths, feature walls, ceilings, and divider fins, catering to clients like Sheffield Boots, Nottingham University, and Bath Spa University. It’s clear that they’re targeting businesses and educational institutions with their innovative designs.

Financially, Receptek Ltd’s picture is mixed. Accumulated amortisation impairment intangible assets increased by a massive 4600%, while accumulated depreciation impairment property plant equipment decreased by 100% in some areas. Cash bank on hand fell by 69% to £57,000, and creditors increased significantly by 99%, reaching £510,000. However, trade debtors also increased by 25%, suggesting a potential issue with collecting payments. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the decrease in net assets by 34% to £260,000 is a cause for concern. There's no mention of an auditor, which is typical for small companies. The company's turnover is not mentioned, but it is likely that it is under £10.2 million.

Registered in England/Wales under the registration number 05451948, with a registered address at DN31 2TG, United Kingdom, Grimsby, N E Lincolnshire, Estate Road 2, South Humberside Industrial Estate.

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