Tepp Extrusion Limited

Tepp Extrusion Ltd from Hamilton UK: small company, holding company, active status, founded 11 years ago, £31,245 assets, virtual address, 2 directors, 1 owner. Irregular importer of plastics and plastic products (2 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £31,245.

Based in Hamilton, Scotland, Tepp Extrusion Limited is a manufacturer specializing in thin plastic strip and sheet, ranging from 0.25mm to 3.18mm. The company also produces cut and punched parts and washers, catering to a variety of industrial applications. Its website highlights a focus on nylon extrusion and supply, emphasizing versatility and cost-saving benefits compared to metal parts. They offer a wide range of materials, including Acetal and Nylatron, and provide custom parts like washers, shims, and gaskets. The company’s website also mentions fabrication services, including extrusion, slitting, and stamping.

The company's financial health shows some concerning trends. Current assets have fallen by a significant 45% to £31,245, while net assets have also dropped considerably, decreasing 34% to £61,000. Bank borrowings have remained stable, but cash reserves have declined by 35% to £4,200. Trade debtors have also decreased by 54%, which could indicate a tightening of credit terms or difficulties in collecting payments. While the company’s small size allows for agility, the decline in assets and cash raises questions about its financial stability. No auditor is mentioned, which is likely due to the company’s status as a small entity exempt from an audit.

Despite these challenges, Tepp Extrusion appears to be a specialist manufacturer with a focus on nylon strip and sheet. The company’s website suggests a commitment to customer service and a wide range of products. It’s unclear whether the company’s irregular import activity (just two months of imports in the last two years) is a strategic choice or a reflection of supply chain disruptions, but it's something to keep an eye on.

Registered in Scotland under the registration number SC457954, with a registered address at ML3 0RA, Hamilton, Limetree Garage, Glasgow Road.

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