Tate Security Technology Limited

Tate Security Technology Ltd from Wigan UK: a small, active company founded 24 years ago, employs 31 people, and holds £2,459,321 in assets. It’s a real address with four directors and one owner, who is also the solo founder. The company regularly imports electrical machinery and equipment, with four months of import activity recorded.

The company operates in the electrical installation, fire service activities, engineering design, and public order and safety industries. It designs, installs, and maintains security systems and fire prevention systems, and even provides metal fabrication solutions for UK prisons. It’s a UK Government approved service provider, and has a showroom in Harrods, London.

Financially, Tate Security Technology Ltd shows some concerning trends. Cash bank on hand dropped significantly by 68%, to £89,000, while trade debtors increased by 45% to £280,000. Creditors decreased by 9.2% to £960,000, and net assets grew by 34% to £1,500,000. Despite this, the company’s net current assets liabilities increased by 35% to £1,500,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in cash reserves is something to keep an eye on. No auditor is mentioned, so the figures are unaudited. It seems like the company is struggling to keep up with its debts, but it's still managing to generate revenue.

Registered in England/Wales under the registration number 04119865, with a registered address at WN3 6PX, Wigan, Lancashire, Systems House, Little Lane Goose Green.

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