Neuteq Europe Limited

Neuteq Europe Ltd from Tamworth UK is a small, active company founded 19 years ago. With 10 employees and £458,293 in assets, it’s a modest operation led by three directors and a single owner, boasting a stellar 5.0 Google rating from one review. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 28 months of import activity and 54 months of export activity, the last operations both occurring in January 2025.

The company’s website, Neuteq Group, positions itself as a partner in automation, offering laser marking systems, robotic systems, vision systems, tooling, and turnkey automation solutions. Its mission is to create long-lasting customer partnerships, showcasing engineering abilities and aiding customers in reducing costs. The site highlights experience across various manufacturing industries, flexibility in accommodating customer needs, and a commitment to project completion. Past and present customers are listed, and the company has strategic partnerships. The website also provides contact information and a blog.

Financially, Neuteq Europe Ltd shows a mixed picture. Cash bank on hand has seen a significant increase, jumping 580% to £240,000. However, creditors have decreased by 13%, and net current assets liabilities have improved dramatically, rising 180%. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the sharp decrease in other debtors, dropping 58%, raises questions about its ability to collect payments. The company's turnover is not mentioned in the report, but it is likely to be less than £10.2 million. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Neuteq Europe Ltd appears to be navigating a period of change. While cash reserves are up, the decrease in other debtors suggests a need for closer attention to payment collection. The company’s focus on automation and its strong customer relationships should provide a solid foundation for future growth, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 05506845, with a registered address at B77 4DS, Tamworth, Staffordshire, 34-36 Sandy Way, Amington.

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