Tecmach Limited

Tecmach Ltd, based in St. Albans, UK, is a small, active company established 37 years ago. With just two employees and £51,761 in assets, it’s a long-standing business run by three directors and two owners. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent import activity recorded two months ago. It operates in the manufacture of other special-purpose machinery n.e.c. industries.

The company’s website highlights its role as a manufacturer and supplier of scissor lift platforms, tables, and loading solutions for businesses across the UK. They offer a comprehensive range of equipment, from standard models to custom-designed solutions, catering to various lifting and loading needs. The website emphasizes quality, reliable delivery times, and a dedicated team providing specialist support. They even offer bespoke designs and installation services, working with clients from initial enquiry to project completion.

Financially, Tecmach Ltd shows some concerning trends. Current assets have decreased by 17% to £52,000, while net assets have dropped by 6.9% to -£36,000. Bank borrowings have decreased by 48% to £7,000, and cash reserves have fallen by a significant 60% to £14,000. Trade debtors have increased by 44% to £33,000, suggesting a possible reliance on customer payments. Creditors have also decreased by 6.3% to £120,000. 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. No auditor is mentioned, indicating exemption as a small company.

While the company’s website projects a professional image and a focus on customer service, the financial data reveals a period of contraction. Whether this is a temporary setback or a longer-term challenge remains to be seen, but it’s clear that Tecmach Ltd is navigating a period of financial pressure.

Registered in England/Wales under the registration number 02209809, with a registered address at AL1 4JY, St. Albans, Hertfordshire, Rear Entrance 145-147 Hatfield Road.

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