Techgb Ltd

Techgb Ltd, based in Westerham, UK, is a small, active company established 14 years ago. With a single employee and £344,854 in assets, it operates from a real address and is overseen by one director and owner. The company regularly imports electrical machinery and equipment, with three months of import activity recorded, and occasionally exports similar goods, with just two months of export activity. It’s a modest operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. Without a website, it’s unclear how Techgb Ltd reaches customers or markets its products.

Financially, Techgb Ltd’s recent performance shows a mixed picture. Current assets have decreased by 17%, falling to £340,000, while net assets have also declined by 16%, now standing at £170,000. Cash reserves have fallen by 7.1%, dropping to £240,000. Creditors have significantly decreased by 60%, suggesting improved debt management. However, trade debtors have increased by 77%, which could indicate issues with customer payments or a change in credit policies. The company's property, plant, and equipment has also decreased by 37%, which may be due to depreciation or asset sales. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Techgb Ltd appears to be navigating a period of financial adjustment. While debt management has improved, the decline in assets and cash reserves warrants attention. The company's small size provides agility, but it also means it’s more vulnerable to external economic pressures.

Registered in England/Wales under the registration number 07275163, with a registered address at TN16 1JP, England, Westerham, 3 Rectory Lane Rectory Lane, Brasted.

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