Tech-ni-fold Ltd

Tech-Ni-Fold Ltd, based in Leicester, UK, is a small holding company with an active status. Established 25 years ago in March 2000, it employs eight people and holds £941,258 in assets. The company operates from a virtual address, registered with 38 other companies, and is managed by five directors and one owner. It regularly imports machinery, boilers, and mechanical appliances, parts, with the last import occurring in February 2025. Export activity is also consistent, spanning 113 months, with the most recent shipment in January 2025.

The company’s website, TechniFold, showcases a specialist solutions provider for print finishing. It’s clear they aren's just selling products; they're offering expertise. The site highlights their patented rotary creasing, microperforating, and cutting products, particularly the TriCreaser Fast Fit, designed to eliminate fibre cracking. They boast client testimonials praising their quality and efficiency, and even mention supplying high-profile clients like Harrods. The site is very professional, and it's obvious they are focused on high-quality, specialized solutions.

Financially, Tech-Ni-Fold Ltd’s recent performance shows a mixed picture. Current assets have fallen significantly, dropping 30% to £940,000. Net assets have also taken a hit, declining 30% to £930,000. Cash reserves have plummeted 87%, leaving just £70,000 remaining. Trade debtors have decreased by a substantial 40%, suggesting improved collection rates, but bank borrowings have also fallen by a significant amount. 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 it to remain flexible, but the sharp decline in cash reserves is a cause for concern. With no auditor mentioned, the figures rely on unaudited statements.

The company’s average number of employees has increased by a notable 38%, from eight to eleven, which could indicate expansion or increased workload. Despite this, the significant drop in cash reserves suggests the company might be burning through money faster than it’s bringing it in. It's possible they're investing heavily in growth or facing increased operating costs.

Registered in England/Wales under the registration number 03939210, with a registered address at LE17 4HB, England, Leicester, Unit 2 St Johns Business Park, Lutterworth.

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