Ptech Uk Limited

Ptech Uk Ltd, based in Redditch, UK, is a small, family-run business with an active status, having operated for nineteen years. Employing just four people, the company holds £173,803 in assets and operates from a virtual address – a detail flagged by the registration of 228 other companies at the same location. It’s managed by four directors and owned by two individuals, Thompson Andrea and Thompson John Philip. Google users have given it a perfect 5.0 rating based on a single review. Ptech Uk Ltd imports optical and medical tools and devices, though only for irregular periods, with the last import occurring two months ago in December 2023.

The company’s website highlights its focus on industrial machinery cleaning, repair, and subcontract services. It offers solutions for businesses needing equipment cleaned, repaired, or needing parts cleaned, and even provides testing services to ensure cleanliness standards are met. Ptech emphasizes its ability to offer long-term solutions, factory-trained technicians, and 24-hour response times, with a large stock of parts and a dedicated portal for customers to track service calls. The website also showcases a commitment to quality, with a focus on British craftsmanship and customer support.

Financially, Ptech Uk Ltd presents a mixed picture. Current assets have decreased by 17% to £170,000, while net assets have fallen by 5.7% to £140,000. Bank borrowings have decreased by 27% to £10,000, and cash reserves have dropped significantly by 42% to £68,000. Creditors have also decreased by 12%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Depreciation on plant and machinery has remained constant, and the company is exempt from an audit due to its small size.

Overall, Ptech Uk Ltd appears to be a stable, albeit smaller, operation facing typical pressures for a small business. Its focus on specialized services and customer support suggests a strategy for maintaining a competitive edge, but the decline in cash reserves warrants attention.

Registered in England/Wales under the registration number 05646319, with a registered address at B98 8BP, England, Redditch, 8 Church Green East.

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