Applied Technical Products Limited

Applied Technical Products Limited, based in Teesside, UK, is a small, active company founded 17 years ago. With three employees and £307,463 in assets, it’s a solo-founded operation managed by one director and owner. The company has a real registered address and operates as an irregular importer of toys, games, and sports equipment (last import in 2017), while regularly exporting machinery, boilers, and mechanical appliances (last export in November 2024).

The company's website reveals a diverse range of services, from aerospace engineering to computer programming, and even documentation and product development. It positions itself as a contracting firm providing services in numerous disciplines, emphasizing quality assurance and custom solutions. The site mentions a focus on “advancing the common good” and offers a variety of products and services, including flow cytometry sample products and assessment services. It’s a bit of a confusing mix, but the website suggests a focus on technical consulting and specialized services.

Financially, Applied Technical Products Limited shows a mixed picture. While average number of employees increased by 33%, bank borrowings decreased by 33% to £30,000. Cash bank on hand, however, dropped by 32% to £47,000, and current assets increased by 25% to £310,000. Debtors jumped a staggering 1900% to £100,000, which could indicate a recent surge in sales or a change in payment terms. Creditors decreased by 33% to £30,000, suggesting improved debt management. Equity, however, increased by 110% to £130,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), and it’s exempt from an audit.

Overall, Applied Technical Products Limited appears to be navigating a period of change. While the financial data shows some positive trends, the increase in debtors and the decrease in cash reserves warrant close monitoring. The company’s diverse range of services and its focus on technical expertise could be key to its long-term success, but it will need to manage its finances carefully to ensure stability.

Registered in England/Wales under the registration number 06358717, with a registered address at TS17 6QW, Teesside, Tobias House St. Marks Court, Teesdale Business Park.

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