Techbelt Ltd

Techbelt Ltd, based in Elland, UK, is a small holding company with an active status, established 22 years ago. Employing 23 people, the company holds assets valued at £1,272,163. It operates from a real address and is overseen by four directors and one owner. While a regular importer, it hasn’s imported anything for 139 months, and the top import category is listed as "None". However, it’s a regular exporter of machinery, boilers, and mechanical appliances; parts, having exported for 47 months.

The company’s website showcases a diverse range of products and services, primarily focused on conveyor belts and related materials. It’s clear Techbelt Ltd is a specialist supplier, catering to industries like food processing, textile manufacturing, and even piano restoration (through its associated business, 1066 Pianos). The site details various belt types, PTFE coatings, and welding equipment, alongside a blog offering technical advice. It’s a comprehensive resource for businesses seeking reliable conveyor belt solutions.

Looking at the financial data, Techbelt Ltd’s situation presents a mixed picture. Current assets have decreased by 5.8% to £1,300,000, while net assets have increased by 11% to £1,600,000. Bank borrowings have vanished completely, a positive sign, but cash reserves have fallen by a significant 58% to £320,000. Trade debtors have increased substantially, by 120%, which could indicate a growth in sales but also potential issues with collecting payments. Creditors have also increased, but not as dramatically. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in cash reserves warrants attention. The company’s auditor is Langricks (Holmfirth) Limited. The financial statements are unaudited, as is typical for small companies.

Overall, Techbelt Ltd appears to be a stable, specialist supplier navigating a period of change. While the decrease in cash reserves is a concern, the increase in net assets and the absence of bank borrowings suggest a resilient business model.

Registered in England/Wales under the registration number 04433656, with a registered address at HX5 0SH, England, Elland, Woodside Mill, Halifax Road.

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