Peel Tech Limited

Peel Tech Ltd, based in Kinross, UK, is a small, active family business founded ten years ago. With 16 employees and £419,878 in assets, the company operates from a real address and is managed by two directors and owners. Peel Tech is an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—parts, with the most recent import activity recorded one month ago in January 2025. The company’s core business lies in the manufacture of other fabricated metal products.

Their website highlights Peel Tech's specialization in water filtration systems for UK food processors, particularly potato whitening. The company offers products like the SP1 ECO TWIN FILTRATION SYSTEM and CHIP TECH, emphasizing compliance with UK waste regulations and offering solutions to avoid prosecution and maintain odour-free prep areas. They also provide information on the importance of potato whitening and showcase testimonials from satisfied customers. The website’s design is simple and functional, focusing on product information and contact details.

Financially, Peel Tech Ltd presents a mixed picture. Current assets have fallen by a significant 32% to £420,000, while net assets have also decreased by 32% to £270,000. Bank borrowings have remained relatively stable, however, cash reserves have dropped by 36% to £210,000. Creditors have increased by 5.5%, and trade debtors have decreased by 29%. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in assets and cash warrants attention. The company is exempt from an audit, so the figures are unaudited.

The company’s workforce has increased by 44% to 23 employees, which may be a response to increased demand. While the company’s financial situation is not alarming, the decline in assets and cash reserves suggests that Peel Tech is burning through money. The company’s management team, consisting of two directors, appears stable, but the financial trends indicate a need for careful monitoring and potentially adjustments to operational strategies.

Registered in Scotland under the registration number SC480055, with a registered address at KY13 0LF, Scotland, Kinross, The Woodlands, Hatchbank.

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