Technical Consumer Products Limited

Technical Consumer Products Ltd from Corby UK: a large company, holding company, active status, founded 15 years ago, 18 employees, £8,803,743 assets, real address, 1 director, 1 owner, google rating 5.0 based on 2 reviews. Regular importer of electrical machinery and equipment (287 months imported). Regular exporter of none (16 months exported). It’s a sizable operation, meeting two of the three criteria to be considered large: turnover exceeding £36 million and a balance sheet total of over £18 million, plus having more than 250 employees. The company operates as a holding company, overseeing a portfolio of businesses, including Wolbu Ltd.

The company’s website showcases a wide range of products, primarily focused on lighting, heating, cooling, and dehumidification solutions. It appears to be a B2B operation, targeting commercial clients across various sectors, including education, warehousing, transportation, healthcare, and hotels. While the site features a "Shop Now" section, it doesn't appear to be a primary e-commerce platform; instead, it seems to emphasize product information, technical specifications, and tailored solutions. The website also highlights the company's 30 years of experience in the lighting industry and its position as a market leader in smart technology.

Financially, Technical Consumer Products Ltd shows some concerning trends. Accrued liabilities and deferred income decreased by 43%, which could indicate improved cash flow management, but administrative expenses plummeted by a significant 70%, suggesting potential cost-cutting measures that may impact operations. Cash and cash equivalents also decreased by 21%, while net current liabilities increased substantially, reaching -£3.69 million. The company’s bank borrowings increased, and net losses deepened. However, creditors decreased, which is a positive sign. The company’s auditor, Azets Audit Services, has reported on the company’s financials.

Despite these challenges, the company's strong Google rating and focus on specialized solutions suggest a loyal customer base. The decrease in administrative expenses could be a strategic move to improve profitability, but the overall financial picture warrants close monitoring. The company’s reliance on imports of electrical machinery and equipment, with 287 months of activity, is a key factor in its business model, and the recent export activity of just 16 months indicates a limited presence in international markets.

Registered in England/Wales under the registration number 07098127, with a registered address at NN17 1TY, Corby, Northamptonshire, Unit 1 Exchange Court, Cottingham Road.

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