Tectonics Uk Ltd

Tectonics UK Ltd, based in Alton, UK, is a small, active company established 22 years ago. With 16 employees and £1,073,355 in assets, it’s a well-established business. The company, owned and founded by Hadley Simon David, also has four directors. It operates from a real address and regularly imports aluminum and aluminum products (15 months) and exports miscellaneous metal items (3 months).

The company’s primary focus is the manufacture of marquees and temporary structures, a business it has been involved in since 1986. In 2022, it acquired Barkers Marquees, extending its heritage back to 1921. The website highlights a commitment to quality and service, offering bespoke marquees and related equipment. It even has a showroom in Harrods, London. It’s a family-run business, priding itself on friendly service and high-quality products.

Financially, Tectonics UK Ltd shows some concerning trends. While revenue remained steady, net assets decreased by 8.3% to £600,000. Bank borrowings declined by 29% to £58,000, and cash reserves fell 72% to £50,000. Creditors increased by 26% to £900,000, which could be a sign of increased investment or potential cash flow issues. 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, so the figures are unaudited.

Overall, Tectonics UK Ltd appears to be a long-standing business facing some financial headwinds. The acquisition of Barkers Marquees suggests a strategic move to expand its market presence, but the declining cash reserves and rising creditors warrant close monitoring.

Registered in England/Wales under the registration number 04433272, with a registered address at GU34 1RZ, England, Alton, Hampshire, Whitegates Mounters Lane, Chawton.

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