Zeetec Limited

Zeetec Limited, based in London, UK, is a small, active company founded thirteen years ago in 2012. With just £140 in assets and a real address in Whitechapel, it operates with two directors and one owner, currently holding a 3.0 Google rating from just two reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import activity recorded one month ago in December 2018. Zeetec Limited’s website suggests a focus on wholesale clothing and footwear, operating within a competitive market.

The company’s website reveals a broader scope, showcasing a boiler manufacturer based in England. It’s a private limited company with a history stretching back to 1975, and even has a showroom in Harrods, London. The business prides itself on museum-grade restorations, self-play system integrations, and disaster recovery for damaged pianos. It’s unclear how closely the two businesses are linked, but both emphasize family ownership and British craftsmanship.

Financially, Zeetec Limited presents a concerning picture. Net assets and liabilities both stand at -£46,000, indicating significant debt. Cash on hand remains at a meager £140, while accrued liabilities have slightly increased to £5,300. Trade debtors are at £41,000, and creditors have risen to £47,000. The company meets two of three conditions to be considered small (turnover under £10.2 million, balance sheet under £5.1 million, fewer than 50 employees). The lack of any auditor mentioned, likely due to its small size, means the figures are unaudited.

The company's irregular import activity and negative equity suggest it’s struggling to maintain a sustainable business model. While the boiler business seems to be thriving, the wholesale clothing and footwear operation appears to be facing challenges. It's possible that the company is burning through cash to support its operations, or that it’s facing increased competition in its market.

Registered in England/Wales under the registration number 08009251, with a registered address at E1 1HL, London, London, Whitechapel Centre, 85 Myrdle Street.

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