Diagnostic Techniques Limited

Diagnostic Connections Ltd is a small, active company based in Chester, UK, founded nineteen years ago in 2006. With just two employees and £113,558 in assets, it’s a solo-founded operation managed by two directors and one owner. The company operates as an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances—parts, with the last import activity recorded just one month ago in September 2024.

The company’s website, Diagnostic Connections, positions itself as the UK’s leading supplier of diagnostic equipment for cars, vans, lorries, and coaches. It’s the exclusive importer for the Topdon Professional range and offers a wide range of products, from DC lubricants and diagnostic tools to tuning files and thermal imaging. The site even offers remote diagnostic services and key programming—a testament to the evolving needs of the automotive industry. It’s a great resource for independent repairers, body shops, and vehicle test facilities.

Financially, Diagnostic Connections Ltd shows a mixed picture. Current assets increased by 33%, reaching £110,000, while net assets also rose by 27%, hitting £98,000. However, creditors jumped by 34%, reaching £41,000—a sign of increased borrowing. Bank borrowings have also increased. Cash reserves, however, increased by 20%, reaching £63,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 10 employees) helps it remain nimble, but the increase in creditors warrants closer attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Diagnostic Connections Ltd seems to be holding its own, capitalizing on the demand for specialized automotive diagnostic equipment. The company’s focus on customer support and its exclusive import partnership suggest a sustainable business model—but the rise in creditors is something to keep an eye on.

Registered in England/Wales under the registration number 05792168, with a registered address at CH3 8EQ, England, Chester, Meadow Barn Holme Street, Tarvin.

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