Techtools (morden) Limited

Techtools Morden Ltd from Surrey UK: a large, active company founded 42 years ago, employs 19 people, and holds £7,288,368 in assets. Based at a real address, it's a family business with three directors and two owners, operating an e-commerce site and maintaining a 5.0 Google rating from one review. The company regularly imports machinery, boilers, and mechanical appliances, parts (183 months), and exports the same (1661 months). It operates in the non-specialised wholesale trade and provides business support services.

The company’s website doesn't offer much detail, but it appears to focus on its core business of importing and exporting machinery and parts. There’s no obvious e-commerce presence beyond the basic contact information and business description.

Financially, Techtools Morden Ltd shows a mixed picture. Current assets decreased by 11% to £7,300,000, while net assets increased by 4.1% to £6,900,000. Bank borrowings decreased by 17%, and cash reserves increased by 39% to £2,900,000. However, turnover remained steady at £13,000,000, and net losses deepened to -£3,000,000. Creditors decreased by 28%, suggesting better debt management, and staff costs increased by 15%. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and more than 250 employees. Moore Kingston Smith LLP conducted the audit.

Overall, Techtools Morden Ltd seems to be a stable, established business, but the increased net losses are concerning. The company's ability to maintain profitability will be key to its long-term success.

Registered in England/Wales under the registration number 01647094, with a registered address at SM3 9QP, Surrey, Unit 3 Kimpton Link Business Centre, 40 Kimpton Road.

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