Cowie Technology Group Limited

Cowie Technology Group Ltd from Middlesbrough, UK, is a holding company with an active status, marking 59 years since its founding in 1965. The company employs 70 people and holds assets valued at £9,740,095. It operates from a real address, is overseen by three directors, and has two owners. Regularly, Cowie Technology Group imports electrical machinery and equipment (28 months) and exports plastics and plastic products (82 months).

The company’s website showcases its specialization in PTFE (polytetrafluoroethylene) products, catering to a diverse range of industries including pharmaceutical, laboratory, and aerospace. They manufacture standard PTFE laboratory products and offer custom manufacturing services for both PTFE and other engineered plastics. The site highlights their expertise in design, manufacture, and technical services, emphasizing quality compliance and exceptional value. They even have a presence in North America, with a subsidiary in New Castle, Delaware.

Financially, Cowie Technology Group Ltd presents a mixed picture. Current assets increased by a modest 3%, reaching £9.7 million, while net assets experienced a significant jump of 23%, settling at £6.7 million. Cash reserves also grew by 5.6%, reaching £7.9 million. However, bank borrowings remained steady. A notable trend is the surge in trade debtors, which increased by 6.4%, suggesting a potential need to manage customer payments. Dividends paid remained constant at £1 million. The company’s auditor is Anderson Barrowcliff Limited.

Despite the positive asset growth, the increase in trade debtors warrants attention. The company’s long history and established presence in the PTFE market suggest a stable foundation, but continued monitoring of cash flow and debtor management will be crucial for sustained financial health.

Registered in England/Wales under the registration number 00850954, with a registered address at TS8 0TQ, England, Middlesbrough, Cowie Technology Group Limited Ridgeway, Coulby Newham.

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