Tegos Systems Ltd

Tegos Systems Ltd from Manchester UK: a small holding company with an active status, was founded nine years ago in 2015. Employing 24 people, the company holds assets valued at £1,887,784, but operates from a virtual address shared by 55 other companies. Four directors and two owners manage the business, which boasts a perfect 5.0 Google rating based on just two reviews. Tegos Systems Ltd is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with its last import operation occurring one month ago in August 2022. The company operates in the information technology consultancy activities industries.

The company’s website reveals a broader scope of operations than initially apparent. Tegos Systems Ltd is part of the larger tegosgroup, a specialist in business solutions for the recycling, waste management, and metal trading industries. The website highlights the “tegossuite,” a cloud platform built on Microsoft technology, designed to optimize processes and prepare companies for future challenges. It also features “enwis” and “comotor,” industry-specific solutions integrated into the platform. Beyond software, tegosgroup offers consulting services and emphasizes a commitment to sustainability and digital transformation. The website even details a partnership with Microsoft and showcases testimonials from satisfied clients.

Financially, Tegos Systems Ltd presents a mixed picture. While net assets have dramatically increased by 810%, reaching £480,000, cash reserves have surged an impressive 950%, now at £660,000. However, bank borrowings have decreased by 43%, and creditors have also fallen by 25%. Trade debtors have increased by 9.2%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the significant changes in liabilities suggest a period of adjustment. DJH Mitten Clarke Audit Limited conducted the audit, and the financial statements are prepared in accordance with Financial Reporting Standard 102. The company’s increased focus on digital solutions and Microsoft partnerships seems to be driving growth, but careful management of its liabilities will be crucial for sustained success.

Registered in England/Wales under the registration number 09613458, with a registered address at M2 4NH, England, Manchester, 76 King Street.

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