Tekzone Sound And Vision Limited

Tekzone Sound And Vision Ltd from Dorking UK is a large, active company founded 87 years ago. With 55 employees and £4,422,664 in assets, it’s a well-established business operating from a real address. The company has four directors and one owner, boasting an impressive Google rating of 5.0 based on 17 reviews. It's a regular importer of optical and medical tools and devices, with 49 months of import activity recorded.

The company specializes in TV, audio, headphones, and optics, and previously operated an ecommerce platform. However, that platform has now been closed, and the company is focusing on serving customers through its physical stores, including locations in Selfridges and Harrods. The website mentions a commitment to providing technology, sound, and vision solutions, and copyright is registered to Tekzone Sound Vision.

Financially, Tekzone Sound and Vision Ltd shows some interesting trends. While cash reserves increased by a substantial 460%, rising to £490,000, bank borrowings decreased significantly by 32%, dropping to £340,000. Current assets have grown by 20%, reaching £4,400,000, and administrative expenses increased by 3.5% to £3,900,000. However, the company’s net assets have grown by 26% to £2,500,000, and staff costs increased by 5.3% to £1,900,000. The company is considered large, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. Cottons Accountants LLP served as the auditor, and the accounts were audited. It’s clear that Tekzone Sound and Vision Ltd has a long history and a strong presence in the retail sector, but the financial data suggests that it is navigating a period of change.

Registered in England/Wales under the registration number 00330823, with a registered address at RH4 3HW, United Kingdom, Dorking, Surrey, Unit 5 Glebelands Centre, Vincent Lane.

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