Techlan Limited

Techlan Ltd from Swansea, UK, is a small, active company founded 15 years ago. With 12 employees and £560,738 in assets, it operates from a virtual address, managed by three directors and two owners. The company regularly imports paper and paperboard products (4 months), and occasionally exports aluminum and aluminum products (1 month).

Techlan's primary focus is on providing high-quality recycled silicone release papers and films, marketed under the ReLiner™ brand. Its website highlights a commitment to sustainability, offering a 100% recycled equivalent to traditional release papers, significantly reducing the carbon footprint of its customers’ products. The company supplies to various industries, including labels, automotive, print and graphics, adhesive tapes, packaging, and composites. It even has a patented recycling process to manufacture ReLiners™ from waste materials.

Financially, Techlan Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £560,000. Equity has also fallen by 19%, now standing at £500,000. Bank borrowings have increased by 50000%, reaching £81000, and cash reserves have declined by 63%, falling to £130,000. However, trade debtors have surged by 110%, indicating potentially delayed payments or expanded credit terms. 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 for agility, but the significant equity decline warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 07016832, with a registered address at SA7 9LA, Wales, Swansea, C/O Bevan Buckland Llp Ground Floor Cardigan House, Castle Court Swansea Enterprise Park.

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