A.b. Terratec Limited

AB Terratec LTD, based in Halifax, UK, is a small, active company founded 41 years ago, back in 1983. With four employees and £273,960 in assets, it's a modest operation managed by two directors and a single owner. The company enjoys a stellar 5.0-star Google rating based on four reviews, a testament to its customer service. It’s an irregular importer, primarily dealing in plastics and plastic products, with its last import activity recorded two months ago.

The company’s website showcases a specialist in landscaping supplies, particularly focusing on Lechuza planters and bespoke GRP plantpots. It’s clear they cater to both interior and exterior landscaping industries, offering a full-service approach from design to installation. They even boast a partnership with Harrods, showcasing their high-end piano restoration service, a seemingly unrelated venture. The website emphasizes quality, craftsmanship, and customer satisfaction, with a focus on bespoke solutions and a 30-day return policy.

Financially, AB Terratec LTD presents a mixed picture. While cash reserves dropped by 8% to £100,000, creditors decreased by 17% to £49,000, suggesting improved debt management. However, trade debtors saw a dramatic 61% decrease, falling to £57,000, which could indicate payment difficulties with customers. Equity also declined, with retained earnings dropping 45% to £47,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity is a concern. The financial statements are unaudited, likely due to the small company exemption.

Overall, AB Terratec LTD appears to be navigating a challenging financial landscape, balancing its landscaping supply business with its high-end piano restoration venture. The company's long history and strong customer reviews offer a foundation for future success, but careful management of its finances will be crucial.

Registered in England/Wales under the registration number 01762499, with a registered address at HX3 9EX, Halifax, West Yorkshire, Units 2 And 2a, Phoebe Lane Industrial Estate.

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