Technical Systems Uk Limited

Technical Systems UK Ltd, based in Enfield, UK, is a small, active company established 31 years ago. With four employees and £77,698 in assets, it operates from a real address and is overseen by three directors and two owners. The company is an irregular importer and exporter of machinery, boilers, and mechanical appliances, with import activity spanning two months and export activity lasting one month. It’s a private limited company, incorporated on August 04, 1993.

The company’s website reveals a focus on automated apparel processing equipment, offering bagging, pressing, and sewing room solutions for garment manufacturers, dry cleaners, and professional packing companies. It’s the only UK manufacturer of this type of machinery, specializing in bagging machines and automated sewing machines. The site also highlights engineering and design services, catering to various industries beyond clothing. They even offer bespoke machine design and a rental service.

Financially, Technical Systems UK Ltd presents a mixed picture. Cash bank on hand has plummeted by 58%, falling to £37,000, while current assets have decreased by 33%, settling at £78,000. Trade debtors have surged by a staggering 190%, reaching £25,000, which could indicate a shift in payment terms or increased sales on credit. Equity has also taken a hit, declining by 49% to £48,000. On a positive note, accrued liabilities have slightly decreased, and creditors have risen by 23%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The absence of an auditor, likely due to its small size, means the financial statements are unaudited.

The company’s financial trends suggest a period of adjustment, possibly due to increased sales or investments. While the drop in cash reserves is concerning, the rise in trade debtors could indicate a growing customer base. The company’s long-standing presence and specialized machinery offerings provide a solid foundation for future growth, but careful management of cash flow will be crucial.

Registered in England/Wales under the registration number 02842233, with a registered address at EN3 7PY, England, Enfield, 97 Lockfield Avenue.

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