Tbm Precision Engineering Limited

TBM Precision Engineering Ltd, based in Chorley, UK, is a small, active company founded 22 years ago. With eight employees and £138,036 in assets, it operates from a real address and is overseen by three directors and two owners. Google users rate it a perfect 5.0 based on four reviews. The company is an irregular importer, bringing in electrical machinery and equipment, with its last import activity recorded two months ago.

The company’s website highlights its specialization in the design and manufacture of solid carbide, HSS, PCD, brazed tip, and indexable insert cutting tools. It also offers cutter regrind and recoating services, including complex drill points. The site mentions a partnership with Weebly and netnerd.com.

Financially, TBM Precision Engineering Ltd shows a mixed picture. Current assets increased by 27% to £140,000, while net assets grew by 40% to £80,000. Bank borrowings decreased by 78%, reaching £9,200, and cash reserves increased by 150% to £16,000. Creditors decreased by 8.4%, suggesting improved debt management. The company’s small size—meeting two of three criteria for being a small company—helps it stay flexible. No auditor is mentioned, likely due to its exemption as a small company.

Overall, TBM Precision Engineering Ltd seems to be doing well, with growing assets and improved cash flow. The company’s focus on specialized tooling and regrinding services, combined with its good Google rating, suggests a solid business model.

Registered in England/Wales under the registration number 04482956, with a registered address at PR7 5QZ, Chorley, Lancashire, 66 Doctors Lane, Eccleston.

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