Swansea Tribology Services Limited

Swansea Tribology Services Ltd from Swansea UK: a small holding company with an active status, has been operating for 31 years. The company employs seven people and holds £236,063 in assets, but operates from a virtual address where ninety-nine other companies are registered. It's managed by three directors and has one owner. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with two months of import activity recorded.

The company’s website details a pair of UK-based oil analysis laboratories, OAS and STS, providing testing services throughout the UK, Europe, and beyond. They offer analysis of insulating transformer and cable oils, as well as tribology services including lubricating and hydraulic oil analysis, fuel testing, and filter wear debris analysis. The website highlights a commitment to customer service, offering 24/7 access to experts and rapid emergency sample turnaround. The company also has a separate venture, Coldharbour Farm Properties Llp, which is owned by the company.

Financially, Swansea Tribology Services Ltd has experienced some challenges. While investments grew by 4.4% to £630,000, current assets decreased by 28% to £240,000. Debtor levels also fell significantly, dropping 33% to £200,000. Net assets declined by 5% to £840,000. Creditors, however, increased by 40% to £83,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity and assets suggests potential financial pressures. No auditor is mentioned, likely due to the company’s exemption as a small entity. The company’s focus on providing specialized oil analysis services, combined with its small size, means it’s likely facing competition from larger players, and the recent financial results could reflect this.

Registered in England/Wales under the registration number 02921730, with a registered address at SA7 9FS, Wales, Swansea, Ty Caer Wyr, Charter Court, Phoenix Way, Enterprise Park.

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