Tecquipment Limited

Tecquipment Ltd from Nottingham UK is a large company, holding company, and is currently active. Founded 16 years ago in 2008, it employs 80 people and holds £5,137,776 in assets, generating £9,526,801 in yearly revenue. It has a real address, three directors, one owner, and boasts a stellar 5.0 Google rating based on eight reviews. The company regularly imports and exports optical and medical tools and devices, with 26 months of import activity and 125 months of export activity.

Tecquipment Ltd designs and manufactures market-leading engineering teaching equipment used by universities and colleges around the world. The company's website showcases a wide range of products spanning 14 different topics, from aerodynamics to thermodynamics. It also provides resources like VDAS software to enhance the experimental capabilities of its equipment. Case studies highlight how Tecquipment’s products are used in various educational settings.

Financially, Tecquipment Ltd shows a mixed picture. Creditors increased by 35%, and bank borrowings are zero, which is a positive sign. However, accumulated depreciation on plant and machinery grew by 11%, and administrative expenses increased by 16%. Despite this, cash bank on hand improved by 11%, and the company’s net assets remained stable. The company is considered large, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and average number of employees more than 250. The lack of a mention of an auditor suggests it’s exempt as a small company.

The company’s focus on education and its high Google rating suggests a strong reputation. However, the increase in administrative expenses and the slight dip in net assets warrant further monitoring. The company’s long history and commitment to quality position it well for continued success, but managing costs will be key.

Registered in England/Wales under the registration number 06587107, with a registered address at NG10 2AN, Nottingham, Bonsall Street, Long Eaton.

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