Control Tech Limited

Control Tech Ltd, based in Tonbridge, UK, is a small, active company founded 35 years ago in 1990. With five employees and £461,867 in assets, it operates from a real address and is overseen by two directors and one owner. The company is irregular importer of machinery, boilers, and mechanical appliances; parts, and irregular exporter of optical and medical tools and devices.

The company’s website reveals it’s a certified distributor for Parker Pneumatics, offering a wide range of products including cylinders, valves, filtration, and couplings. It serves industries like road, rail, and food, highlighting its expertise in fluid power solutions. The website is well-maintained, and the company clearly positions itself as a trusted partner for Parker’s products.

Financially, Control Tech Ltd presents a mixed picture. While cash bank on hand remains steady at £300,000, current assets have decreased by 7.3% to £460,000. Trade debtors have fallen by 24%, which is a positive sign, but creditors have also decreased by 27%, suggesting a need to manage payments carefully. Equity has increased by 6.3% to £320,000, and net losses have increased, but the company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The increase in average number of employees from 5 to 6 is a slight positive, but the significant rise in accrued liabilities deferred income by 160% needs to be monitored. With no auditor mentioned, the figures are unaudited, relying on director-reported data.

Overall, Control Tech Ltd appears to be navigating a period of change, balancing its established distribution network with evolving financial pressures. The company’s reliance on Parker Pneumatics and its focus on specific industries may provide a buffer against broader economic headwinds, but careful management of its liabilities will be crucial for sustained success.

Registered in England/Wales under the registration number 02485929, with a registered address at TN12 6RS, England, Tonbridge, 4 Bridge Business Park, Whetsted Road, Five Oak Green.

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