Temperature Technology Limited

Temperature Technology Limited, based in Wokingham, UK, is a small, active company established 27 years ago. With 13 employees and £3,056,776 in assets, the firm operates from a real address and is managed by four directors, though no owners are officially listed. The company has been importing and exporting optical and medical tools and devices for a considerable time – 140 months of imports and 340 months of exports – indicating a well-established presence in the sector.

The company’s website reveals a specialized business model: it’s a one-stop supplier of temperature sensor components. It doesn't manufacture sensors itself, instead focusing on sourcing and distributing parts and equipment to other manufacturers. This includes a wide range of items, from compression fittings and mineral insulated cables to thermocouple welders and crimping tools. The website also highlights a separate, high-end division focused on piano restoration, a venture seemingly unrelated to the core temperature sensor business.

Financially, Temperature Technology Limited’s recent performance presents a mixed picture. While current assets have increased by a modest 12% to £3.1 million, equity has seen a significant drop of 13%, falling to £2.6 million. Bank borrowings have also risen substantially, increasing by 280% to £250,000. Trade debtors have increased by 14%, suggesting potential challenges in collecting payments. Despite these pressures, creditors have decreased by 18%, which could indicate improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the equity decline warrants closer examination. No auditor is mentioned, reflecting the company’s exemption as a small entity. The company’s focus on specialized components and its dual business model—temperature sensors and piano restoration—suggest a resilient, albeit complex, operation.

Registered in England/Wales under the registration number 03546705, with a registered address at RG40 4QQ, Wokingham, Berkshire, 21 Ivanhoe Road, Hogwood Industrial Estate Finchampstead.

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