Smartech Management Ltd

Smartech Management Ltd from St. Neots UK is a small holding company with an active status, founded six years ago. It employs fourteen people and holds £802,706 in assets, operating from a real address. The company is managed by two directors and one owner. It regularly imports and exports optical and medical tools and devices, with five months of import activity and six months of export activity recorded.

The company’s website highlights its focus on power quality solutions for commercial and industrial businesses. It offers a range of services, including combined heat and power (CHP), harmonic filtration, power factor correction, real-time energy monitoring, and voltage optimisation. It also sells super-loss transformers and provides energy grant funding assistance. The website suggests a B2B model, with a focus on selling services and equipment rather than direct-to-consumer retail. There's a blog section with news and updates, and a contact form for inquiries.

Financially, Smartech Management Ltd’s recent performance shows some concerning trends. While current assets increased slightly to £800,000, net assets decreased by 15% to £590,000. Bank borrowings decreased by 22% to £170,000, and cash reserves decreased by 40% to £97,000. Creditors also decreased by 51%, which could indicate better debt management, but the overall decline in net assets is a point of concern. The company meets the criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, so the financial statements are unaudited.

The company’s reliance on a single owner and the decrease in cash reserves suggests it might be burning through money faster than it's generating it. The decrease in net assets could be due to investments in new equipment or services, or it could signal underlying financial challenges. The company’s focus on power quality solutions and its B2B model seem solid, but its financial health warrants close monitoring.

Registered in England/Wales under the registration number 11531071, with a registered address at PE19 6TY, England, St. Neots, Unit 8 Gransden Park - Smartech Mgnt Ltd Potton Road, Abbotsley.

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