Surface Technology International Limited

Surface Technology International Ltd, based in London, UK, is a sizable company with a 36-year history, currently employing 377 people. It holds assets worth £25.48 million and generates an annual revenue of £51.18 million. The company operates as a holding company and is currently active, having been incorporated on September 02, 1988. While it has a registered address, thirteen companies are registered at the same address, suggesting it may be a virtual address. The company is managed by five directors and owned by two entities, W13s Directors Ltd and Sti Enterprises Ltd. It has a Google rating of 3.0 based on five reviews.

Surface Technology International Ltd specializes in the manufacture of other electrical equipment industries. It regularly imports and exports electrical machinery and equipment, with 944 months of import activity and 348 months of export activity recorded, the last operation made on January 01, 2025. The company’s website is unavailable, making it difficult to determine if it operates an e-commerce platform.

Financially, Surface Technology International Ltd presents a mixed picture. While turnover increased by 27%, net assets plummeted 73% to just £4.6 million. Bank borrowings increased by 480%, reaching £29 million, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s size (meeting two of three criteria for a large company) helps it remain competitive, but the sharp equity drop raises concerns. The company's accounts are unaudited, relying on director-reported data. The auditor for Surface Technology International Ltd is PKF Smith Cooper Audit Limited.

Despite these challenges, Surface Technology International Ltd’s long history and established presence in the electrical equipment sector suggest a degree of resilience. The company’s focus on manufacturing and its regular import/export activity indicate a business model geared towards serving industrial customers. The decrease in creditors is a positive sign, but the substantial increase in borrowings and decline in cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 02292621, with a registered address at W1S 4AW, England, London, 4th Floor, 24 Old Bond Street.

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