Ppt Group Uk Ltd

Ppt Group Uk Ltd, based in Halifax, UK, is a substantial company with a rich history, having been founded 78 years ago in 09 July 1946. As a holding company with an active status, it employs 170 people and manages assets worth £33,380,038, generating a yearly revenue of £23,201,890. The company operates from a real address and is overseen by three directors and one owner. It's a regular importer and exporter of optical and medical tools and devices, with 169 months of import activity and 211 months of export activity.

The company's website reveals a diverse portfolio of businesses, all united under the “PPT Group” umbrella. These include Alluris (handheld force gauges), James Heal (textile testing equipment), Lansmont (shock and vibration testing), Mecmesin (force, materials, and torque testing), and more. The group specializes in the design and production of physical properties testing solutions, catering to industries ranging from automotive to medical. The website highlights a commitment to precision, innovation, and quality, emphasizing the group’s expertise in tensile and compressive strength testing, torque testing, textile analysis, and real-world dynamics.

Financially, Ppt Group Uk Ltd shows some concerning trends. While turnover remained steady at £23,201,890, accrued liabilities decreased by a significant 60%, dropping from £840,000 to £330,000. Cash bank on hand also declined sharply, falling 62% to £600,000. However, administrative expenses increased by 39%, reaching £7.5 million, and bank borrowings rose 17% to £23 million. The company's average number of employees increased slightly, by 7.1% to 180, which could reflect increased workload or expansion plans. The auditors, Haines Watts, haven't released any public statements, so the financial picture is based on unaudited data.

Despite these mixed signals, Ppt Group Uk Ltd’s long history and diverse range of businesses suggest resilience. The company’s strategic acquisitions and focus on specialized testing solutions position it well for continued growth, although the rising administrative expenses and declining cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 00414668, with a registered address at HX3 6EP, Halifax, Richmond Works, Lake View.

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