Ter (uk) Limited

Ter Uk Ltd, based in Bury St Edmunds, UK, is a sizable company with an active status, having operated for 13 years. Employing 18 people, the company boasts substantial assets of £5,831,112 and generates an impressive £17,820,626 in yearly revenue. While it has a registered address, it’s likely a virtual one, as 44 companies share the same location. The business is steered by three directors and owned by Westphal Christian. Ter Uk Ltd operates an e-commerce site and is a regular importer and exporter of plastics and plastic products, with a long history of 405 months of imports and 8 months of exports.

The company’s website paints a picture of a key distributor within the chemical industry. Ter Uk Ltd is part of the larger TER Group, strengthening its network by opening in Cambridge in 2012. Initially focused on speciality chemicals for industries like paints, coatings, and construction, the company now serves a wide range of UK customers through direct shipments and strategically located warehouses. It’s also partnered with Evonik Industries and Clariant SE, and even expanded into the food and feed industry through its sister company, TER INGREDIENTS. The website highlights upcoming events like Plastteknik Nordic and CHEMUK, demonstrating its commitment to industry engagement.

Financially, Ter Uk Ltd shows a mixed picture. While turnover remained stable, net assets increased by a substantial 32%, reaching £4,400,000. However, bank borrowings remained constant at £3,200,000, and cash reserves dipped 66% to £510,000. Creditors decreased by 73%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) and turnover of £18,000,000 are significant. The audit firm, JA Audit Limited, has signed off on the accounts. The rise in administrative expenses by nearly 5% could indicate increased operational costs. The company's focus on raw materials and speciality chemicals suggests a B2B model, relying on strong supplier relationships and efficient logistics. The decrease in amounts owed to related parties by a considerable 78% could be a positive sign of financial independence.

Registered in England/Wales under the registration number 08014397, with a registered address at IP33 1LB, Bury St Edmunds, Suffolk, 59 Abbeygate Street.

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