Tek 4 Limited

Tek 4 Limited, based in Leicester, UK, is a small holding company with an active status, celebrating 21 years since its establishment. Employing 38 individuals, the company holds assets totaling £10,237,251. It operates from a real address and is managed by two directors and one owner, boasting a stellar 5.0 Google rating from 13 reviews. The company is a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, with 40 months of import activity and 135 months of export activity recorded.

The company's website showcases a specialized focus on EDM (Electrical Discharge Machining) drilling, particularly for aerospace and gas turbine industries. It offers a range of services, including fast hole drilling, laser ablation, STEM drilling, and automation, catering to high-precision manufacturing needs. The site highlights advanced technology, custom tooling, and a purpose-built technical center in Greenville, South Carolina, designed to support its growing North American customer base. It also mentions the ability to offer demonstrations and trials.

Financially, Tek 4 Limited presents a mixed picture. While net assets increased by 13% to £10 million, cash reserves decreased by 47% to £810,000. Trade debtors decreased by 10%, while trade creditors increased by 43%, suggesting a potential shift in payment terms. Bank borrowings decreased by 17%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves warrants attention. The increase in average employees by 16% to 44 suggests a period of growth, although the company’s reliance on unaudited financial statements—a common outcome for small companies—means these figures should be viewed with caution. The lack of a named auditor further reinforces this point. It's worth noting that property plant equipment decreased by 6.4%, which could be a result of depreciation or disposals.

Registered in England/Wales under the registration number 04989875, with a registered address at LE8 4BY, England, Leicester, Whittle Place 15 Rose Way, Blaby.

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