Tel Group Ltd

Tel Group Ltd, based in Solihull, UK, is a small, active family business established nineteen years ago. Employing thirty-five people, the company holds £924,875 in assets and operates from a virtual address – a point to note as 586 companies share the same location. With three directors and three owners, Tel Group boasts a stellar 5.0 Google rating based on twenty-four reviews. They are regular importers of electrical machinery and equipment, with their last import activity recorded twenty months ago.

The company’s website, infotelgroup.co.uk, positions Tel Group as a one-stop shop for education and business technology solutions. They offer a wide range of services, including telephone systems, IT support, CCTV installation, and cloud solutions. The website emphasizes bespoke solutions tailored to each customer's needs, highlighting their expertise in education and commercial sectors. They even provide services like school lockdown systems and vape detectors, showcasing a focus on safety and security.

Financially, Tel Group Ltd’s numbers present a mixed picture. While net assets increased by a substantial 110%, reaching £140,000, cash reserves also grew to £300,000. However, bank borrowings surged by 54%, reaching £91,000, and creditors increased by 9.1% to £920,000. Debtor’s also decreased by 17%, which may be a sign of improved cashflow management. The company’s average number of employees increased by 17% to forty-one, suggesting growth in operations. The increase in related party balances by 490% to £150,000 is worth noting, though the exact nature of these relationships isn't clear. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), Tel Group benefits from simplified reporting requirements and doesn’t have an auditor mentioned. Overall, Tel Group seems to be growing, but the rise in borrowing suggests they may be financing this growth.

Registered in England/Wales under the registration number 05531603, with a registered address at B90 8AH, United Kingdom, Solihull, West Midlands, Lumaneri House Blythe Gate, Blythe Valley Park.

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