Technical Moulding Projects Limited

Technical Moulding Projects Ltd, based in Watford, UK, is a small, holding company with an active status, having been established 20 years ago. The company employs five people and holds £205,275 in assets. With two directors and one owner, it maintains a real address and has a Google rating of 3.0 based on two reviews. Regular imports of machinery, boilers, and mechanical appliances – parts – have been recorded for 31 months, with the latest operation occurring in September 2024.

The company operates in the other engineering activities and manufacture of other plastic products industries. While a website isn’t available to analyze, its business seems focused on providing plastic injection moulding services.

Financially, Technical Moulding Projects Ltd presents a mixed picture. Current assets increased by 46% to £210,000, while net assets remained relatively stable at £51,000. However, bank borrowings surged by 2,400%, reaching £180,000, and cash reserves fell 30% to £11,000. Trade debtors increased significantly, ballooning by 110% to £160,000, suggesting potential issues with customer payments. Creditors also rose, increasing by 58% to £170,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp increase in borrowings and the decline in cash raise concerns. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company's financial data indicates a potential need for careful management of cash flow and debt.

Registered in England/Wales under the registration number 05261756, with a registered address at WD19 4TW, England, Watford, 91 Silk Mill Road.

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