Technova Precision Ltd.
- Small
- Active
- 35 years
- 11 employees
- £1,039,596 (assets)
- Real address
- 4 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Technova Precision Ltd, based in Coventry, UK, is a small, family-run business with an active status, celebrating 35 years in operation. Employing 11 people, the company holds assets worth £1,039,596 and operates from a real address on the Bayton Road Industrial Estate. With four directors and two owners, Technova Precision specializes in the repair and rebuilding of machine tool spindles and ballscrews. It’s a regular importer of machinery parts, with the latest import occurring in November 2023, and an irregular exporter, with the last export activity dating back to July 2021.
The company's website details a comprehensive service offering, from spindle repairs and rebuilds to agent services for MYL Spain, a leading manufacturer of spindle assemblies. Technova prides itself on offering a quality, fast, and efficient service, and even boasts a dedicated clean room assembly area. The site also highlights a commitment to innovation and customer support, with testimonials from satisfied clients in the aerospace and engineering sectors.
Financially, Technova Precision Ltd presents a mixed picture. While cash reserves increased by a healthy 13% to £420,000, net assets liabilities dropped significantly, by 30%, to £79,000. Trade debtors decreased by 11%, suggesting improved collection efforts, but creditors rose by 4%, to £1,600,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in net assets warrants attention. The company is exempt from an audit, so the financial statements are unaudited. It’s clear that Technova Precision Ltd is a well-established business with a strong reputation, but its financial health requires careful monitoring.
Registered in England/Wales under the registration number 02485706, with a registered address at CV7 9QS, Exhall Coventry, Unit 8a Paragon Way, Bayton Road Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Elsmore Carole Ann
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Elsmore Keith William
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Elsmore Keith William
- N/A
- 1
-
Resident of United Kingdom
-
Individual
- Elsmore Carol Ann
- N/A
-
Resident of United Kingdom
-
Individual
- Elsmore Carol Ann
- N/A
-
Resident of United Kingdom
-
Individual
- Elsmore William James
- 15 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-03-03 with updatesDownload 4 pages pdf report
-
Unaudited abridged accounts made up to 2024-06-30Download 9 pages pdf report
-
Confirmation statement made on 2024-03-03 with updatesDownload 5 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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Last exported products
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FAQ about Technova Precision Ltd.
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