Joint Tec Services Limited

Joint Tec Services Limited, based in Okehampton, UK, is a small, active company founded four years ago. With three employees and £124,757 in assets, it’s a solo-founded operation led by a single director and owner, Smith Dean Charles. The company regularly imports aluminum and aluminum products, with seven months of import activity recorded, the last in August 2024.

Joint Tec Services specializes in architectural structures, designing, manufacturing, and supplying joints, waterproofing, and fireproofing solutions for construction projects. Its website highlights a range of products, including architectural joints, car park control joints, fire barrier solutions, and waterproofing membranes. The company also acts as an agent for several world-class manufacturers, expanding its product range to cover movement, control, and expansion joints. They even offer bespoke systems for unique requirements.

Financially, Joint Tec Services presents a mixed picture. Cash bank on hand has decreased by 43% to £1,500, and net current assets and liabilities have fallen by 53% to £6,300. However, trade debtors have increased significantly by 46% to £41,000, and other debtors have risen by 15% to £21,000. Bank borrowings have increased to £1,000, and creditors have increased by 19% to £120,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decrease in equity—16% to £12,000—suggests potential financial pressure. The accounts are unaudited, which is typical for small companies.

Despite these challenges, Joint Tec Services appears to be holding its own, leveraging its specialized product range and agent partnerships to serve the construction industry. The increase in trade debtors may indicate a growing customer base, but it’s important to monitor cash flow closely.

Registered in England/Wales under the registration number 13281691, with a registered address at EX20 1QQ, United Kingdom, Okehampton, Unit 11 B Fatherford Farm.

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