Impact Technical Services Ltd

Impact Technical Services Ltd, based in Leicester, UK, is a sizable company with an active status, having been established fourteen years ago in February 2011. The company employs thirteen people and holds assets worth £1,221,125. With a yearly revenue of £2,691,493, it’s a significant player in its sector. Five directors and one owner guide the business, which boasts a perfect 5.0 Google rating from two reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with a consistent history of activity over the last three years.

The company operates within the technical testing and analysis industries. Its website, while not providing details on e-commerce activity, suggests a focus on local exhaust ventilation testing and associated services. This includes maintenance and even disaster recovery for damaged equipment. The company is part of a larger group, controlled by Team 17 Ltd, and ultimately linked to Addtech Nordec AB, a Swedish public limited company.

Financially, Impact Technical Services Ltd presents a mixed picture. While turnover increased by a substantial 24%, reaching £2.7 million, net assets decreased by a significant 25% to £920,000. Cash bank on hand also declined by 15%, dropping to £250,000. Bank borrowings, however, decreased by 78%, suggesting improved financial management. Creditors also fell by nearly 5%, indicating better debt management. The company’s large size (meeting two of three criteria for a large company) suggests a stable business model, but the drop in equity warrants further investigation. The company’s auditor is Mark J Rees LLP, and the financial statements are audited.

The decrease in net assets could be due to increased investment in equipment or a shift in accounting practices. The company’s consistent import and export activity suggests a robust supply chain, and the high Google rating points to satisfied customers. While the financials show some challenges, Impact Technical Services Ltd appears to be a well-established and reputable business.

Registered in England/Wales under the registration number 07532316, with a registered address at LE2 6DY, Leicester, 3 Kingsley Street.

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