Detech Europe Limited

Detech Europe Limited, based in Bridlington, UK, is a small, family-owned company with an active status. Established 22 years ago, it employs five individuals and holds £275,426 in assets. The company operates from a virtual address, registered with 160 other businesses, and is managed by three directors and two owners. Detech specializes in importing machinery, boilers, and mechanical appliances—parts, with 54 months of import activity—and exporting optical and medical tools and devices, with five months of export activity.

The company's website highlights its focus on supplying return on investment equipment to PCB manufacturers in the electronics industry. As a distributor of Panasonic Connect, Detech offers solutions for both SMT and THT requirements, backed by its own “Prey By Detech” brand. The site lists a wide array of products, including printing equipment, placement automation, inspection systems, soldering solutions, and smart component management systems. It’s clear they’re targeting a specialized market, offering bespoke solutions and after-sales support.

Financially, Detech Europe Limited’s report reveals a mixed picture. Current assets declined by 15% to £280,000, while net assets increased by 29% to £970,000—a positive trend. However, cash bank on hand dropped by 39% to £67,000. Bank borrowings increased, and trade debtors rose significantly, suggesting potential cash flow challenges. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decrease in cash reserves warrants attention. The report does not mention an auditor, likely due to the company's exemption as a small entity.

It seems Detech is navigating a competitive market, leveraging its specialized product offerings and strong supplier relationships. The company’s continued focus on innovation and customer support will be key to its long-term success, although the fluctuating cash position is something to keep an eye on.

Registered in England/Wales under the registration number 04627772, with a registered address at YO16 4LZ, Bridlington, East Yorkshire, Medina House, 2 Station Avenue.

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