Svantek Uk Ltd

Svantek Uk Ltd from Bedford UK is a small holding company with an active status, founded 14 years ago. The company employs five people and holds £584,028 in assets, operating from a real address and managed by two directors and two owners. It’s a regular importer and exporter of optical and medical tools and devices, having imported for 41 months and exported for 4 months.

The company’s website is unavailable, making it difficult to ascertain its exact operations beyond the import/export activities. It appears to be a B2B operation, likely supplying tools and devices to other businesses rather than directly to consumers. The “other professional, scientific and technical activities n.e.c.” industry classification suggests a specialized role within the supply chain.

Financially, Svantek Uk Ltd presents a mixed picture. While current assets have increased by 37% to £580,000, net assets have also risen by 13% to £86,000. However, bank borrowings have increased significantly by 250% to £17,000, and cash reserves have plummeted by 100% to just £4. Trade debtors have also increased by 22% to £94,000, which could indicate slower customer payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decrease in cash reserves is concerning. Depreciation on computer equipment increased by 65%, and furniture fittings by 15%, suggesting investment in infrastructure. It's likely that the company is not currently burning through money like a startup, but it needs to manage its cash flow more effectively. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 07457573, with a registered address at MK44 3WH, England, Bedford, 11 Abbey Court Fraser Road, Priory Business Park.

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