Ppm Technology Limited

PPM Technology Ltd, based in Gwynedd, UK, is a small, active company founded 26 years ago in 1999. With ten employees and £2,618,063 in assets, it’s a well-established player in its niche. The company operates from a real address at Unit 34 Cibyn Industrial Estate, Caernarfon, and is overseen by five directors and a single owner, Jones John Brinley. It’s a regular importer and exporter of optical and medical tools and devices, with 17 months of import activity and a substantial 102 months of export activity recorded.

PPM Technology’s core business revolves around the manufacture of electronic measuring, testing equipment—not for industrial process control—and it’s a leading manufacturer of portable and fixed gas detection instruments. Its website, ppmtechnology.com, showcases a range of products, including touch screen IAQ profile monitors, formaldehydes satellite units, and a range of sensors, catering to industries like hospitals, laboratories, and public buildings. The website also highlights a range of downloadable resources, including product brochures and technical specifications. The company even has a blog with past headlines.

Financially, PPM Technology Ltd demonstrates a mixed picture. While net assets grew by 6%, reaching £2,800,000, bank borrowings increased by a significant 2,400%, reaching £29,000. Cash reserves, however, dropped by 30% to £28,000. Trade debtors increased by 32%, suggesting a potential challenge in collecting payments. 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 agility, but the increase in borrowings and decrease in cash warrants attention. With no auditor mentioned, the figures rely on unaudited statements.

The company’s focus on gas detection instruments and its strong online presence suggest a niche market strategy. The growth in trade debtors, however, may indicate a need to review credit terms and collection processes. The company’s long-standing presence and consistent export activity, however, point to a resilient business model.

Registered in England/Wales under the registration number 03743347, with a registered address at LL55 2BD, Gwynedd, Unit 34 Cibyn Industrial Estate, Caernarvon.

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