T.e.l. Engineering Limited

Tel Engineering Ltd from Stockport, UK, is a small, family business with an active status, celebrating 47 years in operation. The company employs 27 people and holds assets valued at £1,792,694. With three directors and two owners, it operates from a real address and has a long history of importing and exporting electrical machinery and equipment – 36 months of imports and 90 months of exports recorded.

The company specializes in the design and manufacture of electromechanical machinery, particularly slip ring units, connectors, cable reels, and junction boxes for hazardous areas. Its website showcases a wide range of products catering to industries like marine, offshore, food, pharmaceutical, and nuclear. It appears to be a business-to-business operation, selling specialized equipment rather than engaging in direct consumer retail. The company’s website does not feature an e-commerce platform, suggesting that orders are placed directly with the company.

Financially, Tel Engineering Ltd’s performance presents a mixed picture. While cash reserves increased by 19% to £710,000, net assets only increased slightly to £530,000. Trade debtors decreased by 19% to £710,000, which could indicate improved collection efforts, but creditors also increased by 4.8% to £1,600,000. Bank borrowings surged by 91% to £350,000, which could be a sign of expansion or investment. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in borrowings warrants closer scrutiny. No auditor is mentioned, likely due to its exemption as a small company. The company’s long history and consistent activity in importing and exporting suggest a stable, albeit potentially capital-intensive, operation. The company’s website states that the company has taken exemption from audit under section 477 of the Companies Act 2006.

Registered in England/Wales under the registration number 01341280, with a registered address at SK7 5DL, England, Stockport, Cheshire, Unit 2 Levens Road, Hazel Grove.

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