Techstyle-europe Ltd

Techstyle Europe Ltd, based in York, UK, is a small, family business with an active status, having been founded 19 years ago. The company employs just three people and holds £170,950 in assets, operating from a real address. Two directors and two owners manage the business, which has earned a perfect 5.0 Google rating from a single review. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances—parts, with its last import activity recorded two months ago in January 2019.

The company’s website is currently unavailable, making it difficult to determine the full scope of its operations. However, the report indicates it operates within the other education n.e.c., and the manufacture of other plastic products industries.

Financially, Techstyle-Europe Ltd presents a mixed picture. While current assets increased by a substantial 100% to £170,000, net assets decreased by 7.2% to £100,000. Bank borrowings were reduced by 46% to £12,000, and cash reserves increased dramatically by 530% to £130,000. Creditors, however, surged by 220% to £150,000, suggesting increased reliance on short-term financing. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the significant increase in creditors warrants closer attention. The company is exempt from an audit, so the figures are unaudited.

The company's profits also declined by 62% to £27,000. It's possible that the company is experiencing some challenges in maintaining profitability, but the increase in cash reserves suggests it has some financial buffer.

Registered in England/Wales under the registration number 05761523, with a registered address at YO42 4EH, England, York, The Old School Main Street, Barmby Moor.

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