Roytec Ltd

Roytec Ltd is a small, active company based in London, UK, founded nine years ago in 2015. It employs four people and holds £148,323 in assets. The company operates as a solo-founded venture, managed by one director and owner, and runs an e-commerce site. Roytec Ltd is an irregular importer, primarily dealing with aluminum and aluminum products, with its last import operation recorded one month ago in March 2024.

The company's website showcases a diverse range of products and services centered around renewable energy and underfloor heating. It specializes in electric underfloor heating systems, offering mats for various flooring types (tiles, vinyl, wood, carpet), insulation boards, thermostats, and related accessories. Beyond products, Roytec Ltd provides installation services, both domestic and commercial, alongside technical support and manuals. It also has a significant presence in solar energy, offering repair and maintenance services for solar PV and thermal systems. The company's website even mentions a family-run business based in Sunbury-on-Thames, Middlesex, with over 30 years of experience, and proudly displays awards for its contributions to the industry.

Financially, Roytec Ltd shows some interesting trends. Accumulated depreciation for computer equipment increased by 30%, while motor vehicle depreciation jumped a whopping 100%. Cash bank on hand grew slightly to £29,000, but creditors increased significantly, rising 95% to £53,000. Trade debtors also ballooned by 140%. Despite these changes, net assets increased by 22% to £150,000. 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 it to remain nimble. The sudden increase in corporation tax payable, however, is a little concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Roytec Ltd appears to be a growing business with a strong online presence and a focus on specialized services. While the increase in debt is something to watch, the company’s diverse offerings and commitment to customer service suggest it’s well-positioned for continued success.

Registered in England/Wales under the registration number 09884924, with a registered address at SE9 5DA, England, London, Roytec Ltd, 27 Passey Place.

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