Teknomat U.k. Limited

Teknomat U.K. Limited, based in Bromsgrove, UK, is a small holding company with an active status, established 34 years ago in April 1991. The company employs just three people and holds £469,057 in assets. It's managed by two directors and has one owner, Arrowvend Ltd. Teknomat U.K. Limited regularly imports machinery, boilers, and mechanical appliances, with its most recent import activity recorded four months ago.

The company’s primary focus is the wholesale of commercial espresso equipment, as evidenced by its website. It supplies a range of machines from brands like Astoria, Royal, Crem, and Ascaso, catering to the coffee industry. The website highlights a commitment to Italian luxury and British craftsmanship, offering both machines and restoration services. It’s a family-run business with a focus on customer support and competitive pricing.

Financially, Teknomat U.K. Limited shows a mixed picture. Current assets decreased by 3.5% to £470,000, while net assets remained steady at £370,000. Bank borrowings decreased by 27% to £27,000, and cash reserves increased by 15% to £130,000. Creditors decreased by 13%, suggesting improved debt management. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's financial statements are unaudited, likely due to its small size.

Despite the decrease in current assets, the increase in cash reserves suggests a stable financial position. The company's focus on a niche market—commercial espresso equipment—and its commitment to customer service could help it weather any economic challenges. It’s a well-established business with a long history, and the decrease in bank borrowings is a positive sign.

Registered in England/Wales under the registration number 02601891, with a registered address at B60 3FP, United Kingdom, Bromsgrove, Worcestershire, Unit F4 Sapphire Court George Road, Bromsgrove Technology Park.

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