Yeltech Ltd

Yeltech Ltd from Guildford UK: small company, active status, founded 21 years ago, 9 employees, £214,925 assets, real address, 3 directors, 2 owners. Regular importer of electrical machinery and equipment (5 months imported). Yeltech is a private limited company specializing in industrial monitoring solutions, particularly for the rail industry. Its website showcases a range of products designed to track temperature, vibration, and other critical data for trains, structural assets, and even waste management systems. The company also acts as a distributor for US and Austrian manufacturers, notably Broadsens and SLOC, offering a diverse portfolio of sensors and monitoring devices.

The company's core business revolves around providing specialized monitoring equipment. While the website details various products—including rail temperature monitoring units, tilt monitoring systems, and balance weight monitoring devices—it doesn't explicitly mention e-commerce. Instead, it appears to operate as a distributor and potentially a systems integrator, selling its products through its website and likely engaging in direct sales and support. The emphasis is on providing solutions for industrial asset health and safety, rather than a standard retail experience.

Financially, Yeltech Ltd presents a mixed picture. Current assets have significantly decreased by 42%, falling to £210,000. Net assets have plummeted by an astonishing 99%, leaving just £1,400 remaining. Bank borrowings have increased by 6.6%, reaching £11,000, and cash reserves have vanished completely. However, trade debtors have also dropped by nearly 50%, suggesting improved collection practices. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the dramatic decline in equity is concerning. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's reliance on imports, particularly of electrical machinery and equipment, could be affected by global supply chain disruptions. The sharp decline in net assets, despite a decrease in debtors, suggests potential cash flow issues or increased operating expenses. It’s possible the company is investing in new technologies or expanding its product offerings, which could explain the temporary strain on its finances. The company's focus on specialized industrial monitoring, however, positions it to benefit from the growing demand for predictive maintenance and asset optimization across various sectors.

Registered in England/Wales under the registration number 05048342, with a registered address at GU2 8XH, England, Guildford, Surrey, Building 2 Guildford Business Park.

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