Helical Technology Ltd.

Helical Technology Ltd, based in Lytham, UK, is a large, holding company with an active status, celebrating 46 years in business. Employing 232 people and holding assets of £22,420,526, the company operates from a real address and is overseen by three directors and one owner. Google users rate it 4.0 stars based on nine reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 613 months of import activity and 778 months of export activity recorded.

The company’s website showcases a diverse range of engineering solutions, with a strong focus on exhaust valves, actuators, and valve rotators. Helical Technology develops and manufactures these components for various industries, including automotive and aerospace. It also offers testing services at its Warton Technical Centre, providing facilities for vehicle, engine, and component testing. The website highlights the company’s expertise in acoustic and EGR exhaust valves, as well as its capabilities in prototype development and manufacturing. The company has a global presence, with production facilities in the UK, India, and China.

Financially, Helical Technology Ltd presents a mixed picture. While current assets remained steady at £22,420,526, bank borrowings increased by 43% to £3,700,000. Cash reserves decreased by 20% to £7,200,000. Creditors also decreased by 14%, suggesting better debt management. The company’s large size (meeting two of three criteria for a large company) and increasing bank borrowings suggest it may be investing in growth or facing increased operating costs. The decrease in cash reserves could be a sign of tighter margins or increased capital expenditure. The company’s net loss deepened to £1,100,000, a significant drop from the previous year. It’s worth noting that the company’s financial statements were not audited, relying on unaudited director reports. DJH Audit Limited served as the auditor.

Registered in England/Wales under the registration number 01413643, with a registered address at FY8 5AQ, United Kingdom, Lytham, Lancashire, Unit 1 Dock Road.

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