Tektraders Limited

Tektraders Limited, based in Portsmouth, UK, is a small, active company established thirteen years ago. With two employees and £869,930 in assets, it operates from a real address and is overseen by two directors and one owner. The company is a regular importer of machinery, boilers, and mechanical appliances, with 110 months of import activity recorded, and a regular exporter of electrical machinery and equipment, boasting 265 months of export activity. It’s classified as a small company, meeting two of the three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 0 employees.

Tektraders Limited functions as a technology reseller, sourcing equipment for clients and offering a range of products from printers and computers to networking and EPOS systems. The company’s website highlights its focus on providing competitive pricing, expert advice, and personalized service—positioning itself as an independent and professional partner for businesses. It caters to a diverse clientele, including educational institutions, the NHS, and small to medium-sized companies. The website also mentions accreditation, suggesting a commitment to industry standards.

Financially, Tektraders Limited presents a mixed picture. Current assets have decreased by 19%, dropping to £870,000, while net assets have also declined by 8.2%, settling at £270,000. Bank borrowings have decreased significantly by 38%, falling to £110,000, and cash reserves have plummeted 73%, leaving just £21,000. Trade debtors have increased dramatically by 100%, reaching £720,000, which could indicate a shift in payment terms or a surge in sales. The company’s small size helps it remain flexible, but the decrease in equity and cash reserves warrants attention. As a small company, it’s exempt from an audit, and the figures are unaudited.

The company’s reliance on a single owner and the significant increase in trade debtors suggest a potential vulnerability, although the company’s established presence and focus on customer service could help it navigate these challenges.

Registered in England/Wales under the registration number 07868392, with a registered address at PO3 5QT, Portsmouth, Hampshire, Unit 28 Portsmouth Enterprise Centre, Quartermaine Road.

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