Scitec Instruments Limited

Scitec Instruments Ltd, based in Trowbridge, UK, is a small, active company with a long history, having been founded 44 years ago in 1980. The company employs just two people and holds £109,217 in assets. With a real address and a single director and owner, Smith John Wesley, it operates as a regular importer and exporter of optical and medical tools and devices, with 50 months of import activity and 161 months of export activity recorded.

The company’s website, Scitec Instruments, showcases a wide range of products, including lasers, UV photodiodes, infrared sensors, and fibre optics test equipment. It’s clear they're focused on serving the scientific and research market, offering both standard products and specialized solutions. The site features a shop with a clear sign-in and create an account section, and a cart with zero items. It’s an e-commerce platform, but it doesn’t seem to be pushing sales aggressively. They also have a blog and a section for contact information, and even a newsletter sign-up.

Financially, Scitec Instruments Ltd presents a mixed picture. Cash bank on hand has increased significantly, jumping 1200% to £18,000, which is a positive sign. However, trade debtors have increased by a substantial 30%, suggesting potential issues with collecting payments. Creditors have decreased by 17%, which is a good sign for 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) means it’s likely exempt from an audit, so the financial statements are unaudited.

The increase in cash reserves is encouraging, but the rise in trade debtors warrants attention. It’s possible that the company has expanded its credit terms to attract new customers, or it could indicate some collection difficulties. The lack of a mention of an auditor is common for small companies, but it does mean that the financial information relies entirely on the director's reporting. Overall, Scitec Instruments Ltd seems to be holding its own, but keeping a close eye on those debtors is probably a good idea.

Registered in England/Wales under the registration number 01535664, with a registered address at BA14 0XD, Trowbridge, Wiltshire, Unit 6 Sandown Centre, White Horse Business Park.

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