Bestec Co. Ltd.
- Active
- Small
- 19 years
- 1 employee
- £61,560 (cur assets)
- 0-1m
- Regular importer
- Real address
- 2 directors
- 2 owners
- Family business
- New Malden
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Bestec Co. Ltd from New Malden UK is a small, active company founded 18 years ago. It employs two people and holds £206,257 in assets. With two directors and one owner, the company operates from a real address and is a regular importer, though its top import category is listed as "None" with 9 months of import activity recorded, the last operation being on January 01, 2025.
The company’s website is unavailable, making it difficult to determine its specific operations beyond what's publicly available. However, Bestec Co. Ltd operates in the other business support service activities n.e.c. industries.
Financially, Bestec Co. Ltd presents a mixed picture. Cash reserves have seen a significant boost, jumping 190% to £140,000, which is good news. However, bank borrowings have also increased by 11% to £35,000. Creditors have also risen, with both short-term and within-year creditors increasing by 170% and 110% respectively. Trade debtors have increased by 24%, which could indicate slower payments from customers. Equity has increased by 160%, but the company is still reporting net assets liabilities. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the increase in debt and decrease in cash flow raises some questions. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit. The accounts are unaudited.
It seems Bestec Co. Ltd is managing its finances carefully, but the increase in debt and creditors suggests it may be burning through cash faster than it’s bringing it in. The company’s future success will likely depend on its ability to maintain its current level of activity and improve its cash flow.
Registered in England/Wales under the registration number 05859146, with a registered address at KT3 3ST, United Kingdom, New Malden, Surrey, Unit 81-82 Kingspark Business Centre, 152-178 Kingston Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 1 year
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 19 years
- 2
-
Resident of United Kingdom
-
Individual
- 19 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2025-05-31Download 4 pages pdf report
-
Notification of Hee Joung Kim as a person with significant control on 2025-02-01Download 2 pages pdf report
-
Confirmation statement made on 2026-01-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Bestec Co. Ltd.
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