T D C Parsons Peebles Limited

Tdc Parsons Peebles Ltd, based in Aberdeen, UK, is a sizable company with an active status, operating as a holding company. Established four years ago in June 2020, it employs forty people and boasts assets of £4,321,671. The company generates yearly revenue of £9,667,089, demonstrating a substantial financial footprint. With a real address and overseen by six directors and one owner, it maintains a strong operational structure. A perfect 5.0 Google rating from one review reflects positive customer perception. The company regularly imports and exports electrical machinery and equipment, with nineteen months of import activity and six months of export activity recorded.

The company's website highlights its role as a provider of mechanical and electrical engineering services, spanning over a century. It emphasizes heritage, quality, and reliability, catering to industries like oil & gas, power generation, and other engineering sectors. Products and services range from motors and generators to service parts, onsite support, and asset management. The website also features case studies and news updates, showcasing recent projects and industry insights. It's clear they are trying to position themselves as a trusted partner for businesses seeking comprehensive engineering solutions.

Financially, Tdc Parsons Peebles Ltd shows some concerning trends. Creditors have increased significantly, up 92% to £4.4 million, while net assets have plummeted 270% to £550,000. Bank borrowings have surged by 1,700%, reaching £290,000, and cash reserves have fallen 570%, dropping to £860,000. However, trade debtors have increased by 97%, suggesting improved customer payment collection. The company's size (meeting two of three criteria for a large company) and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

Despite the concerning trends, Tdc Parsons Peebles Ltd appears to be a well-established player in its field, with a strong focus on customer service and technical expertise. The company's ability to navigate these financial pressures will be key to its long-term success.

Registered in Scotland under the registration number SC663297, with a registered address at AB21 9ET, Scotland, Aberdeen, Bankhead Industrial Estate Bankhead Avenue, Bucksburn.

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