Runtech Group Limited

Runtech Group Ltd, based in Chiswick, London, is a small, active company founded 14 years ago in 2010. With eight employees and £274,238 in assets, it operates from a real address and is overseen by two directors and owners. The company has a 5.0 Google rating from four reviews and runs an e-commerce site. It’s an irregular importer of machinery, boilers, and mechanical appliances—parts, with the last import operation recorded in May 2019—and an irregular exporter of electrical machinery and equipment, with the last export in November 2024. The company operates in the business and domestic software development, the information technology consultancy activities, the other information technology service activities, the data processing, hosting and related activities industries.

The company's website isn't available for review, so it’s difficult to ascertain the precise nature of its e-commerce activities. However, its industry classifications suggest a focus on IT services and software development, likely supporting its import and export operations.

Financially, Runtech Group Ltd shows a mixed picture. Current assets have fallen by 52% to £270,000, while net assets have improved dramatically, increasing by 580% to £540,000. Bank borrowings have been eliminated, a positive sign, but cash reserves have decreased by 17% to £110,000. Creditors have also fallen significantly, down 78% to £180,000. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The substantial increase in net assets, despite falling cash reserves, could indicate increased investment in the business or a change in asset composition. With no auditor mentioned, the figures are unaudited.

The company’s financial data reveals a turnaround. While cash reserves have dipped, the dramatic increase in net assets suggests a successful year, despite the reduction in current assets. The elimination of bank borrowings is a positive sign, and the decrease in creditors indicates improved financial management.

Registered in England/Wales under the registration number 07384703, with a registered address at W4 4PH, England, Chiswick, London, 1.17 Barley Mow Centre 10 Barley Mow Passage.

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