Stag Tic Ltd

Stag Tic Ltd from Aberdeen, UK, is a small, active company founded thirteen years ago in 2011. With eleven employees and £610,080 in assets, it operates from a real address and is managed by two directors and owners. Google users rate it a perfect 5.0 based on four reviews. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with the last import activity recorded over four years ago in May 2018.

The company's website, stagtic.com, showcases a focus on lifting equipment and non-destructive testing (NDT) inspection services for industries like oil and gas, marine, and construction. Stag Tic provides LOLER inspections, NDT services, BHA inspections, equipment supply, load testing, and even equipment hire. It also offers an online client database for certification and has a stock of equipment available for hire. The site even mentions a golf outing and a recruitment drive.

Financially, Stag Tic Ltd presents a mixed picture. Cash bank holdings have impressively increased by 120%, reaching £230,000, while current assets have grown by 56% to £610,000. However, creditors have also risen by 53% to £360,000. The company’s average number of employees has increased by 27% to fourteen. The company's equity has increased by 38% to £420,000, a positive sign. Despite this growth, the company’s property, plant, and equipment has decreased by 25%, which could be due to depreciation or asset sales. The company is exempt from an audit, so the numbers are unaudited.

Overall, Stag Tic Ltd appears to be a growing business, although it's important to note that the increased debt levels could pose a challenge. The company's focus on specialized services and its strong online presence suggest it's well-positioned for continued success, but keeping an eye on the balance sheet is important.

Registered in Scotland under the registration number SC401203, with a registered address at AB12 3DN, United Kingdom, Aberdeen, 50 Wellington Road.

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