Teal Products Limited

Teal Products Ltd, based in Cheltenham, UK, is a small, family-run business with an active status. Founded 25 years ago in 2000, the company employs 20 people and holds £3,789,461 in assets. It operates from a real address and is overseen by five directors and four owners. Teal Products Ltd regularly imports and exports electrical machinery and equipment, with 135 months of import activity and 85 months of export activity recorded.

The company specializes in the installation of industrial machinery and equipment, and its website, while minimal, suggests a focus on providing services to industrial clients. There is no evidence of an e-commerce presence, indicating a business-to-business model rather than direct sales to consumers.

Financially, Teal Products Ltd shows a mixed picture. While current assets increased by 20% to £3,800,000, bank borrowings surged by 39000%, reaching £380,000. Cash reserves fell 31%, to £960,000, and net assets remained steady at £2,600,000. Trade debtors increased significantly by 140%, suggesting potential issues with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings and decrease in cash warrants attention. With no auditor mentioned, the figures are unaudited.

The sharp increase in bank borrowings may indicate investment in new equipment or expansion of operations, but it also raises concerns about the company's ability to manage its debt. The decrease in cash reserves, combined with the increase in trade debtors, suggests that the company may be struggling to convert sales into cash. Despite these challenges, Teal Products Ltd appears to be a stable business with a long history of importing and exporting electrical machinery and equipment.

Registered in England/Wales under the registration number 03911485, with a registered address at GL54 5EB, England, Cheltenham, Unit 8a Orchard Industrial Estate, Toddington.

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