Coil Tech Uk Ltd

Coil Tech Uk Ltd, based in Deerhurst, UK, is a small, family-run business with an active status, celebrating 22 years since its founding in 2003. With eleven employees and £882,480 in assets, it operates from a real address and is managed by one director and two owners. The company is a regular exporter of electrical machinery and equipment (4 months exported), but an irregular importer (1 month imported). It’s a modest operation, meeting two of the three criteria to be classified as a small company.

The business specializes in the manufacture of electric motors, generators, and transformers, offering custom toroidal transformers, coil winding services, and electronic subassembly. Its website highlights advanced equipment and technical expertise, catering to industries ranging from audio to power supply. It’s a business that prides itself on bespoke solutions, ranging from subminiature inductors to 10KVA mains transformers, and even offers services like vacuum plant and resin filling.

Financially, Coil Tech Uk Ltd shows a mixed picture. Cash bank on hand increased by 8.4% to £660,000, while creditors decreased by 15% to £170,000, suggesting improved debt management. Trade debtors, however, fell by 7.3% to £130,000. Equity grew significantly by 16% to £780,000, reflecting retained earnings. The company's net assets liabilities also increased by 16% to £780,000. The increase in fixed assets by 67% to £73,000 could indicate investment in new equipment. While the company is exempt from an audit as a small company, the financial data points to a stable, albeit potentially stretched, operation. It’s a business that seems to be growing, but the increased liabilities should be watched closely.

Registered in England/Wales under the registration number 04742836, with a registered address at GL19 4BP, United Kingdom, Deerhurst, Gloucestershire, Unit 39 Highfield Business Park.

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