HTEC LIMITED

• ⚠

  Confirmation statement overdue

  Due 2026-04-28.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. This assessment is based on the financial support of the ultimate parent Company, which has been confirmed in writing. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.”

Group structure

1. HTEC LIMITED · parent
   1. Spedinorcon Limited 100% · London, EC4A 3TW
   2. HTEC Retail Services Limited 100% · London, EC4A 3TW

Significant events

• “In 2024 the Company commenced a search for a new warehouse and office facilities with the plan to exit the current warehouse and office facility in mid 2025 into premises more suited to the current business operations.”
• “In 2025, the Company is in the process of relocating from the current premises as a cost rationalistion initiative.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -32.3%

  £15,306,071 → £10,359,993

  lowest in 4 filed years

• Cash

  -2.7%

  £815,697 → £793,537

• Net assets

  -29.7%

  £14,134,084 → £9,943,072

  lowest in 4 filed years

• Employees

  0%

  132 → 132

• Operating profit

  -439.4%

  £1,267,279 → -£4,300,655

  lowest in 4 filed years

• Profit before tax

  -440.5%

  £1,263,995 → -£4,304,478

  lowest in 4 filed years

• Wages

  -15.1%

  £4,935,255 → £4,189,618

  lowest in 4 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers