Techfluid U.k. Ltd

Techfluid U.K. Ltd, based in Cramlington, England, is a small, active company founded seven years ago in 2017. With eleven employees and £6,512,737 in assets, it operates from a real address on Moorland Way and is led by a single director and owner, Jin Cheng Xu. The company regularly imports rubber and rubber products (35 months) and exports iron or steel products (39 months), indicating a focus on industrial supply chains.

The company’s website showcases a specialized business: manufacturing and supplying hoses for the offshore drilling industry. Techfluid U.K. Ltd offers a range of products, including API 7K Mud Cement Hoses, Flameguard FireRated Hoses, and Floating Hoses, catering to a demanding sector. It also provides inspection, repair, and recertification services, suggesting a commitment to ongoing support for its clients. The site’s clear product listings, technical specifications, and contact information point to a business geared toward industrial buyers.

Financially, Techfluid U.K. Ltd’s recent performance shows some interesting trends. While cash reserves increased significantly by 160% to £1,500,000, creditors have also risen substantially, jumping 160% to £5,200,000. This suggests the company is leveraging debt to fuel growth, but it also increases financial risk. Trade debtors have remained relatively stable, and net assets have grown by 38% to £1,400,000. The company’s assets, including plant and machinery, have seen some depreciation, but overall, the balance sheet appears solid. The company is small, meeting two of three criteria for size, and the lack of an auditor is consistent with its status as a small, exempt company. It’s a bit concerning that the number of employees decreased slightly, but this could be due to operational efficiencies or restructuring.

Registered in England/Wales under the registration number 10958080, with a registered address at NE23 1WE, England, Cramlington, Northumberland, Unit 35 Moorland Way, Nelson Park Industrial Estate.

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