Pinnacle Re-tec Limited
- Small
- Active
- 18 years
- 64 employees
- £4,220,217 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Pinnacle Re-Tec Ltd, based in Consett, UK, is a small, active company established eighteen years ago. Employing sixty-four people, the business holds £4,220,217 in assets and operates from a real address. With three directors and one owner, Pinnacle Re-Tec specializes in the manufacture of pumps, the manufacture of metal structures and parts of structures. The company is a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with nineteen months of import activity and forty-seven months of export activity recorded.
The company’s website showcases a focus on centrifugal pump service, maintenance, and gearbox repair. It caters to industries like oil, gas, energy, petrochemical, and water treatment, offering services from strip and inspect to complete replacement. Pinnacle Re-Tec emphasizes cost efficiency, quality assurance (certified ISO 90012015), and shorter delivery timescales—up to 50% quicker than original equipment manufacturers (OEMs). The website also highlights its expertise in obsolete pump and component solutions.
Financially, Pinnacle Re-Tec Ltd’s recent performance presents a mixed picture. Creditors increased significantly by 76%, reaching £2,300,000, while bank overdrafts surged to £690,000—a considerable increase. Cash reserves, however, improved by 40%, reaching £280,000. Trade debtors also grew substantially, increasing by 97% to £3,400,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in liabilities suggests potential cash flow pressures. With no auditor mentioned, the financial statements are unaudited.
The company’s focus on specialized pump and gearbox services, coupled with its commitment to quality and efficiency, positions it well in its chosen markets. However, the recent financial trends indicate a need for careful management of liabilities and working capital to ensure long-term sustainability.
Registered in England/Wales under the registration number 05948517, with a registered address at DH8 9HU, England, Consett, County Durham, - Hownsgill Drive, Delves Lane Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
-
Resident of United Kingdom
-
Individual
- 18 years
- 2
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Purchase of own shares.Download 4 pages pdf report
-
Satisfaction of charge 059485170007 in fullDownload 1 page pdf report
-
Satisfaction of charge 5 in fullDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Pinnacle Re-tec Limited
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