Tec-supplies Limited

Tec-Supplies Limited, based in Maldon, UK, is a holding company with a long history, having been founded 32 years ago in December 1992. The company currently employs 99 people and boasts significant assets, totaling £15,477,977. With nine directors and three owners—Crozier Hayley, Crozier Shaun Kevin, and Crozier Westley Shaun—the business operates as a family enterprise. A real address is registered, and the company has a 5.0 Google rating based on 22 reviews, indicating high customer satisfaction.

The company’s primary function is wholesale of radio, television goods & electrical household appliances, hardware, plumbing and heating equipment, and retail sale of electrical household appliances. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 131 months of import activity recorded, and a regular exporter of electrical machinery and equipment, with 12 months of export activity. A temporary website is in place, advertising a new online store that will stock over 15,000 products.

Financially, Tec-Supplies Limited shows some interesting trends. Accumulated depreciation impairment property plant equipment increased by 50%, reflecting investment in assets, but cash bank on hand jumped a substantial 98% to £2,100,000, a positive sign. Comprehensive income and expense decreased by 48%, and dividends paid increased by 40%, suggesting a focus on shareholder returns. Total assets less current liabilities increased by 6.4%, and total borrowings increased by 19%. The company’s net assets increased by 28%, to £11,000,000. While bank borrowings increased, the strong cash position indicates a healthy liquidity. The company is audited by Xeinadin Audit Limited.

Overall, Tec-Supplies Limited appears to be a stable, well-established business. The increased investment in assets and focus on shareholder returns suggest a confident outlook, although the decrease in comprehensive income is something to monitor. The company's family ownership and commitment to customer service, as reflected in its Google rating, likely contribute to its success.

Registered in England/Wales under the registration number 02773406, with a registered address at CM9 4NF, Maldon, Essex, Bridge House Hall Road, Heybridge.

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