Teepee Electrical Limited

Teepee Electrical Ltd, based in Bloxwich, UK, is a small, active family business established 23 years ago. With 52 employees and £1,501,204 in assets, it operates from a real address and is overseen by two directors and two owners. The company regularly imports and exports electrical machinery and equipment, having imported for four months and exported for nineteen months, with the latest export operation occurring in November 2023.

The company's website showcases a specialized service: the design, manufacture, and assembly of wiring looms, cable harnesses, and panel assemblies for various industries, including automotive, rail, and renewable energy. Teepee Electrical emphasizes its 25 years of experience, quality, and flexible approach, catering to both one-off specials and volume manufacture. They even offer design and development services, prototyping, and video content to illustrate their capabilities. The website is well-designed and professional, clearly targeting businesses seeking custom wiring solutions.

Financially, Teepee Electrical Ltd exhibits a mixed picture. While net assets increased by 11% to £620,000, current assets dropped by 8.2% to £1,500,000. Bank borrowings decreased significantly by 82%, reducing to £7,400, and cash reserves saw a substantial rise of 74% to £86,000. Creditors, however, increased by 22%, reaching £420,000. The company’s small size (meeting two out of three criteria for a small company) allows for agility, but the rise in creditors warrants attention. There is no auditor mentioned, indicating an exemption for small companies. The company's turnover is likely below £10.2 million. Overall, Teepee Electrical Ltd appears to be navigating a period of change, with both positive and concerning trends emerging from its financial performance.

Registered in England/Wales under the registration number 04405195, with a registered address at WS2 7DG, Bloxwich, Walsall, Unit 6, Leamore Lane Industrial Estate, Leamore Lane.

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