Ptfeflex Ltd

PTFEFLEX Ltd, based in Huddersfield, UK, is a small holding company with an active status, established twelve years ago. The company employs eight people and holds assets totaling £1,224,092. Operating from a virtual address, it's managed by three directors and a single owner. Regular import activities involve special woven and decorative fabrics, spanning ten months, with the latest operation in February 2025. Export activities, focused on plastics and plastic products, have been ongoing for eight months, with the most recent in September 2024.

The company’s website, PTFEFLEX, positions itself as a leading specialist in PTFE hoses and assemblies, serving major pharmaceutical, chemical, food, beverage, and industrial manufacturing companies worldwide. With over forty years of experience and a well-equipped production facility, they manufacture and supply high-quality PTFE hoses and assemblies, catering to a wide range of customers. The website highlights a comprehensive product range, partnerships with international companies, and a commitment to customer service. They even have a showroom in Harrods, London.

Financially, PTFEFLEX Ltd exhibits some concerning trends. While current assets increased by 21% to £1,200,000, net assets also grew by 27% to £980,000. However, cash bank on hand decreased by 10% to £440,000, and trade debtors rose significantly by 57% to £530,000, suggesting potential issues with customer payments. Bank borrowings were reduced by 100% to zero, which could be a positive sign of financial stability. Accrued liabilities increased substantially by 2700%, reaching £26,000, which could be a temporary blip or a sign of increased operational expenses. 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 debtors warrants closer attention. With no auditor mentioned, the figures are unaudited.

Overall, PTFEFLEX Ltd appears to be navigating a period of change. While the company’s core business seems robust, the financial data suggests a need for careful management of working capital and customer payments.

Registered in England/Wales under the registration number 08426241, with a registered address at EC1M 6EE, England, London, 10 - 11 Charterhouse Square.

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