Tess Aberdeen Limited

Tess Aberdeen Ltd from Aberdeen UK: a small holding company with an active status, was founded 27 years ago in 1998. The company employs 15 people and holds assets valued at £1,359,719. It has a real address, two directors, and one owner. Tess Aberdeen Ltd regularly imports iron or steel products (163 months) and exports machinery, boilers, and mechanical appliances; parts (8 months).

The company operates as a recognised market leader in the supply of integrated fluid transfer and power control solutions. Originating from Norway, Tess Aberdeen is a worldwide supplier of products and services, mainly focused on oil and gas, aquaculture, contractors, and the public sector. The company’s website highlights its 50 years of experience and positions itself as a leading supplier within the oil and gas sector. It offers hydraulic hoses, bulk loading hoses, drilling hoses, and other engineering services, catering to a wide range of industrial needs. The company’s core values include hand-on management, innovation, and client-driven organisation.

Financially, Tess Aberdeen Ltd shows some positive trends. Cash bank on hand has increased significantly by 74%, reaching £400,000, while current assets have grown by 41% to £1,400,000. Debtor’s have also increased by 37% to £440,000. However, creditors have risen by 3.9% to £720,000. Equity has seen a dramatic increase, jumping 120% to £700,000, largely due to retained earnings. Despite this, the company’s average number of employees decreased slightly, from 15 to 14. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increased creditors suggest a need for careful financial management. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Tess Aberdeen Ltd appears to be a stable and growing company, though it's important to monitor its debt levels and ensure continued operational efficiency.

Registered in Scotland under the registration number SC184263, with a registered address at AB23 8EU, Scotland, Aberdeen, 7 Greenhole Place, Bridge Of Don Industrial Estate.

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