Shades Technics Limited

Shades Technics Ltd from Hoddesdon UK: small company, active status, founded 34 years ago, 18 employees, £2,580,426 assets, real address, 1 director, 2 owners. Irregular importer of electrical machinery and equipment (1 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (176 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £2,580,426.

Shades Technics Ltd operates as a specialist systems product design company, providing engineered solutions for a wide range of applications, particularly within the automotive industry. Its website showcases a diverse range of products, including toilet cubicles, kitchen units, tables, and tanks, all designed for automotive and marine environments. The company also offers custom build services and even has a division specializing in piano restoration, a surprising and prestigious addition to its portfolio. The site emphasizes expert product design and manufacture, catering to both standard and bespoke requirements. It’s clear they’re trying to appeal to a high-end market, with a focus on quality and customization. The site doesn't appear to be primarily e-commerce; rather, it serves as a showcase for their capabilities and a means of generating leads.

Financially, Shades Technics Ltd presents a mixed picture. While current assets increased slightly to £2.6 million, bank borrowings have risen considerably, reaching £29,000. Cash reserves, however, have fallen by a substantial 21% to £1.1 million. Trade debtors have also increased, suggesting a potential challenge in collecting payments. The company’s small size helps it stay agile, but the decrease in cash reserves warrants attention. Creditors have decreased, which is a positive sign, and the company’s net assets increased by 3.4% to £2.3 million. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Shades Technics Ltd seems to be a steady, if somewhat challenged, business. The company’s diverse product range and focus on specialized automotive and marine solutions provide a solid foundation, but the increased debt and declining cash reserves suggest a need for careful financial management. The piano restoration division, while intriguing, may be a separate venture with its own financial dynamics, and it's unclear how closely it’s integrated with the core business.

Registered in England/Wales under the registration number 02605530, with a registered address at EN11 0BW, England, Hoddesdon, Herts, Units E1 - E4, Rd Park, Stephenson Close.

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