Tekcontracting Ltd

Tekcontracting Ltd, based in Middlesbrough, UK, is a small, active company founded four years ago. With three employees and £1,709,853 in assets, it operates from a real address and is led by two directors and owners. Google users rate it a perfect 5.0 based on 22 reviews. The company is an irregular importer of aluminum and aluminum products, with recent activity recorded in November 2024.

The company’s website showcases a focus on bespoke joinery, manufacturing, and shop fitting services. It offers a complete range of services, from design and manufacturing to fitting, and highlights its experience since 2005. Currently, the website is undergoing a makeover with a full site launch expected soon. Alongside its core services, Tekcontracting Ltd also lists current positions available, including a Bench Joiner, CNC Machinist, and Contracts Manager, indicating ongoing growth. The site emphasizes sustainability and health and safety certifications.

Financially, Tekcontracting Ltd shows some interesting trends. Cash bank on hand has seen a remarkable increase of 1,100%, reaching £760,000, while creditors have increased significantly by 490%, now at £1.4 million. Trade debtors have also grown substantially, rising by 230% to £950,000. While the company’s equity has increased by 170%, reaching £300,000, it’s important to note that bank borrowings have also increased significantly. 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 agility, but the increased debt levels warrant further scrutiny. No auditor is mentioned, which is typical for small companies. The increase in average number of employees from 3 to 6 is a positive sign, but it’s important to see if this translates into increased profitability.

Registered in England/Wales under the registration number 13187774, with a registered address at TS6 6LP, England, Middlesbrough, Neil House Sotherby Road, Skippers Lane Ind Est.

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