Techni Limited

Techni Limited, based in Shrewsbury, UK, is a holding company with an active status, having been incorporated nineteen years ago in December 2005. Employing forty-five people, the company holds assets valued at £4,457,380 and operates from a real address at Sundorne Trading Park. The business is family-owned, managed by three directors and two owners, and maintains a 3.0-star rating on Google based on two reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, parts, with 330 months of import activity recorded, and a regular exporter of vehicles, parts, and accessories (excluding trains and trams), with 218 months of export activity.

Techni Limited’s core business revolves around the design, development, and distribution of mobile air conditioning and transport refrigeration products. The company’s website showcases a wide range of personal protective equipment and worksite essentials, catering to commercial and industrial customers. It also has a separate division specializing in high-end piano restoration, operating from Cambridge and even featuring a showroom in Harrods, London.

Financially, Techni Limited presents a mixed picture. Current assets have increased by 25%, reaching £4,500,000, while net assets have increased by 8.5%, standing at £4,300,000. Bank borrowings have decreased by 27%, dropping to £1,300,000, and cash reserves have increased by 120%, reaching £61,000. Creditors decreased by 41%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in bank borrowings raises questions. With no auditor mentioned, the figures rely on unaudited statements.

The company’s focus on design and engineering, combined with its diverse product range, positions it well in the market. However, the financial data suggests that the company is still facing pressures, and it’s betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 05644881, with a registered address at SY1 4NS, Shrewsbury, Shropshire, Unit 12 Sundorne Trading Park, Featherbed Lane.

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