Tece Limited

Tece Ltd from Somerset, UK, is a small, active company established 23 years ago, employing 14 people and holding assets valued at £1,130,071. A family business founded by a solo entrepreneur, it operates from a real address and is managed by one director and two owners. Google reviews give it a perfect 5.0 rating based on a single review. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 29 months of import activity recorded.

Tece Ltd's website reveals a business deeply rooted in the professional building and construction sector. It's not an e-commerce site in the traditional sense; instead, it functions as a comprehensive resource for architects, planners, handymen, and end-users. The site showcases a wide range of products, from sanitary systems and bathroom ceramics to installation walls and drainage technology. It also provides technical planning support, software tools, and BIM (Building Information Modeling) resources, indicating a focus on providing value beyond just selling products. The website's extensive product navigation and downloadable resources suggest a B2B model, catering to professionals rather than individual consumers.

Financially, Tece Ltd’s performance shows some interesting trends. While the company’s assets remain stable, depreciation on plant and machinery has increased significantly – by 64%, suggesting increased investment or older equipment requiring more maintenance. Bank borrowings have also risen, though this could be related to the increased investment. Cash reserves, however, have decreased slightly. Despite these shifts, the company’s net assets have increased by a solid 61%, indicating a healthy overall financial position. As a small company (meeting two of three criteria), it benefits from agility, but the increased depreciation warrants further monitoring. The accounts are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 04323895, with a registered address at BA5 2PF, Somerset, 20 Chamberlain Street, Wells.

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