Tensid Uk Ltd

Tensid Uk Ltd from Enfield UK is a small holding company with an active status, established 36 years ago in 1988. Employing just five people, the company holds assets valued at £549,503 and operates from a real address. It's overseen by four directors and one owner, and regularly imports machinery, boilers, and mechanical appliances (parts for 7 months, last import April 2022) and exports miscellaneous chemical products (4 months, last export August 2021).

The company’s website showcases a business specializing in surface cleaning and protection. Tensid offers a range of products, including graffiti removers, anti-graffiti coatings, paint strippers, and specialized equipment like pressure washers and infrared paint strippers. They cater to diverse sectors, from local authorities to rail operators, and even provide restoration services for historic buildings, with a particular focus on high-end piano restoration through its associated business, 1066 Pianos. The site emphasizes environmentally responsible products and a renowned customer service.

Financially, Tensid Uk Ltd presents a mixed picture. While current assets remained steady at £550,000, net assets saw a significant jump of 26%, reaching £370,000. However, bank borrowings increased by 110%, hitting £86,000, and cash reserves dipped slightly to £300,000. Trade debtors remained stable, but trade payables decreased considerably by 64%, suggesting improved debt management. The company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, as is common for small companies.

Despite the positive trends in net assets, the increase in bank borrowings warrants attention. Whether this reflects investment in growth or a response to rising costs remains unclear. The company’s dual focus—specialized cleaning products and high-end piano restoration—presents both opportunities and challenges, and it's interesting to see how these two distinct businesses contribute to the overall financial health of Tensid Uk Ltd.

Registered in England/Wales under the registration number 02308378, with a registered address at EN3 7NH, England, Enfield, 68 Bilton Way.

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