Stortrec Uk Ltd

Stortrec Uk Ltd from Basingstoke UK: a small, active company founded fifteen years ago in 2009, employs twenty-eight people and holds assets valued at £2,453,165. It operates from a real address and is overseen by two directors, although no owners are officially listed. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – with 133 months of import activity and 115 months of export activity recorded. Its business operates in the other information technology service activities industries.

The company’s website, StorTrec, emphasizes "the next level of service," and it's clear they're focused on providing IT solutions. The site is simple, with a clear call to action. It's likely that StorTrec operates primarily as a service provider, rather than an e-commerce business.

Financially, the company’s performance shows a mixed picture. Cash reserves have increased by a healthy 49%, reaching £1,000,000, which is a positive sign. However, creditors have also increased by 24%, rising to £1,400,000, suggesting a reliance on borrowing. Debtor levels have decreased by 21%, which could indicate a tightening of credit terms or difficulties collecting payments. Equity has also declined by 5.3%, which is concerning. Despite this, 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. There is no mention of an auditor, which is common for small companies exempt from an audit.

The significant decrease in balances owed to related parties—a 100% drop—is notable, but the reason behind this change isn't clear. The company’s fixed assets have increased by 65%, which could be from investments in new equipment or technology. Overall, Stortrec Uk Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 07048225, with a registered address at RG24 8PZ, Basingstoke, Hampshire, Rawdon House, Bond Close.

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