Redteq Analytical Ltd

Redteq Analytical Ltd from Farnborough UK is a small, active company founded eleven years ago in 2013. With eleven employees and £913,338 in assets, it’s a family business led by a solo founder and overseen by three directors and two owners. The company regularly imports optical and medical tools and devices, with four months of import activity recorded, and irregularly exports these same items, with one month of export activity. It has a real address and operates from the Farnborough Business Park.

The company’s website, UKi Media Events, focuses on news and features within the airport development industry. It’s a digital publication covering topics like construction, technology, sustainability, and passenger experience—a far cry from the company's name. The site hosts a wealth of articles, videos, and webinars targeted at industry professionals, and even offers job listings. It’s clear that Redteq Analytical Ltd has diversified into media and events, leveraging its existing network and expertise.

Financially, Redteq Analytical Ltd shows a mixed picture. Current assets decreased by 0.37% to £910,000, while net assets increased by 20% to £790,000. Bank borrowings decreased by 43% to £13,000, and cash reserves decreased by 11% to £450,000. Creditors decreased by 21%, suggesting 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) helps it remain agile, but the decrease in cash reserves is something to keep an eye on. Accumulated amortisation impairment intangible assets increased significantly, by 1200%, which could be due to revaluation or changes in accounting policies. There's no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Redteq Analytical Ltd appears to be a stable, if somewhat lean, operation. The shift towards media and events seems to be a strategic move, but it remains to be seen if it will generate enough revenue to offset any potential declines in the core business.

Registered in England/Wales under the registration number 08808357, with a registered address at GU14 7JF, England, Farnborough, Hampshire, The Hub Fowler Avenue, Farnborough Business Park.

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