Teknik Office Limited

Teknik Office Ltd from Bedfordshire UK: a small, active company founded 37 years ago, employs 15 people, and holds £3,254,011 in assets. It operates from a real address and is overseen by three directors, though there are no registered owners. The company regularly imports and exports furniture, lighting, and prefabricated buildings—19 months of imports and 10 months of exports recorded.

The business primarily focuses on wholesale of office furniture, offering a wide range of products via its website, salesteknikoffice.co.uk. It’s not an e-commerce site in the traditional sense; instead, it caters to furniture dealers and retailers, offering trade-only sales and even plain-label delivery options for end-users through its partners. The website highlights a 30-year experience in the market, competitive pricing, and a focus on customer care.

Financially, Teknik Office Ltd presents a mixed picture. While current assets increased by 16% to £3.3 million, net assets also rose by 18% to £2.2 million. However, bank borrowings decreased by 23%, and cash reserves fell by 34% to £680,000. Trade debtors saw a significant increase of 91%, suggesting potential issues with customer payments, while creditors rose by 12%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in cash reserves warrants attention. No auditor is mentioned, likely due to its status as a small company.

Overall, Teknik Office Ltd seems to be holding its own, but the fluctuating cash reserves and rising debtors suggest a need for careful financial management. The company's long-standing experience and focus on trade partnerships, however, provide a solid foundation for continued success.

Registered in England/Wales under the registration number 02157973, with a registered address at MK40 2FG, Bedfordshire, West One, 63-67 Bromham Road, Bedford.

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