Tec Hut Ltd

Tec Hut Ltd, based in Wrexham, UK, is a small, active company founded five years ago in 2019. With 12 employees and £927,967 in assets, it operates as a regular importer and exporter of machinery, boilers, and mechanical appliances, parts. The business is run by two directors and a solo founder, Reilly Martin, and has a real registered address.

The company’s core business revolves around importing and exporting industrial equipment. It’s a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 7 months of imports. The last import operation was conducted on April 01, 2024. The company is a regular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 32 of months exports. The last export operation took place on February 01, 2025. While the company operates in the other service activities n.e.c. industries, its website is currently unavailable, making it difficult to determine if it runs an e-commerce site.

Financially, Tec Hut Ltd’s recent performance presents a mixed picture. While current assets increased by 72% to £930,000, net losses deepened from -£10,000 to -£23,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 71% to just £4,100. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s recent growth in employees, from 12 to 32, is quite significant, which could explain the increase in debtors and creditors. It’s possible the company is investing in expansion, but the decline in cash reserves suggests it’s carefully managing its finances.

Registered in England/Wales under the registration number 12039528, with a registered address at LL14 1BN, Wales, Wrexham, C/O Tlr Accountancy 8 Swan Street, Rhosllanerchrugog.

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