Smartechnics Limited

Smartechnics Limited is a small, active company based in Northwich, UK, founded nine years ago. With three employees and £589,881 in assets, it operates an e-commerce site and is led by one director and owner, Smart Simon. The company’s registered address is a real one, with only one other business registered there.

Smartechnics Limited specializes in retail sales via mail order and the internet, offering a wide range of products from parent and baby items to electricals and garden games. The website, Smarts, showcases a diverse inventory and emphasizes quick dispatch, satisfaction guarantees, and secure payments. It even has a blog section featuring seasonal content, like Father’s Day gift ideas. The site’s design is clean and modern, with a mailing list signup to capture customer interest.

Financially, Smartechnics Limited presents a mixed picture. While current assets increased by 6.5% to £590,000, equity dropped significantly by 11% to £270,000. Bank borrowings remained stable at £33,000, but trade debtors surged by an astonishing 1,200% to £200,000—a dramatic increase that could indicate issues with customer payments or a shift in credit policies. Creditors also rose by 48% to £220,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial increase in debtors warrants closer scrutiny. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The rise in debtors, combined with the decrease in equity, suggests that while sales might be strong, the company is struggling to collect payments efficiently. Whether this is a temporary blip or a longer-term challenge remains to be seen, but Smartechnics Limited will need to address its debtor management to ensure financial stability.

Registered in England/Wales under the registration number 10093195, with a registered address at CW8 1BE, England, Northwich, Cheshire, Unit 3 Riverside Trading Estate, Navigation Road.

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