Technical Services (shropshire) Limited

Technical Services Shropshire Ltd, based in Shrewsbury, UK, is a small, family-run business with an active status, celebrating 27 years since its founding in 1997. Employing 11 people, the company holds £765,097 in assets and operates from a virtual address – a point to note as sixty companies are registered at the same location. Led by four directors and owned by three individuals, the business has a 4.0 Google rating based on three reviews. It’s a regular importer of electrical machinery and equipment, with 31 months of import activity recorded.

The company's website showcases a wide range of services, primarily focused on security and event solutions. They offer CCTV installation and maintenance for homes and businesses, including cameras, video management systems, and access control solutions. Beyond security, Technical Services Shropshire Ltd provides public address systems, sound hire, two-way radio communications, and event hire services, catering to a variety of needs from weddings to industrial events. They also offer electrical intruder alarms, data cabling, and traffic barrier automation. The website’s layout is a bit dated, but it clearly demonstrates a diverse range of expertise.

Financially, Technical Services Shropshire Ltd shows a mixed picture. Current assets decreased by 7.1% to £770,000, while net assets dropped 5.1% to £660,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data suggests it’s facing some challenges, although it’s not necessarily burning through money. The increase in bank borrowings and decrease in cash reserves could indicate investments in equipment or expansion efforts. The decrease in creditors suggests improved debt management. The company’s diverse service offerings and strong reputation—evidenced by its Google rating—position it well for continued success, but careful financial management will be key.

Registered in England/Wales under the registration number 03462272, with a registered address at SY2 6NN, United Kingdom, Shrewsbury, Shropshire, Column House, London Road.

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