Teesside Industrial Controls Limited

Teesside Industrial Controls Ltd from Stockton On Tees UK: a small, holding company with an active status, was founded nineteen years ago and employs twenty-four people. The company holds £2,680,206 in assets and operates from a real address, managed by two directors and one owner. It’s an irregular importer of optical and medical tools and devices (just one month of imports) but a regular exporter of electrical machinery and equipment (158 months of exports).

The company's website highlights its role as a specialist technical distributor, partnering with leading manufacturers to supply industry. It offers instrumentation, power, automation, control, and safety solutions. A key offering is custom assembly services, where TIC modifies and assembles components to meet specific manufacturing requirements. The site also showcases partnerships with major brands and mentions a custom eshop, demonstrating a focus on tailored solutions.

Financially, Teesside Industrial Controls Ltd presents a mixed picture. Cash bank holdings have fallen dramatically, decreasing by 93% to just £24,000. Current assets have also decreased slightly, dropping 4.1% to £2,700,000. However, creditors have decreased by 15%, suggesting improved debt management. Equity has increased by 20% to £1,200,000, which is a positive sign. Trade debtors have increased by 11%, which could be a result of increased sales. The company’s small size—meeting two of three conditions for being considered small—helps maintain agility, but the sharp decline in cash reserves is something to keep an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Teesside Industrial Controls Ltd appears to be navigating a period of change. While the company's core business—wholesale of electronic and telecommunications equipment—is likely stable, the financial data suggests it’s burning through cash. The increase in equity is a good sign, but the company will need to manage its cash flow carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 05533107, with a registered address at TS18 2PF, Stockton On Tees, Cleveland, - Portrack Grange Road.

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