Testech Limited

Testech Limited is a small, active company based in Bournemouth, UK, founded nineteen years ago in 2006. With a real address and just one employee, the company holds £30,469 in assets. It’s led by two directors, with Rothwell Ian David serving as both owner and director, making it a solo founder operation.

The company’s website, Testech Group Co., Ltd, showcases a wide range of testing instruments, primarily aimed at industrial applications. It appears to be an e-commerce business, offering everything from coating thickness gauges and magnetic particle testing equipment to X-ray flaw detectors and concrete testing equipment. The site highlights a focus on quality and reliability, catering to a global market. They even have a section for case studies and a blog, suggesting a commitment to demonstrating expertise.

Financially, Testech Limited presents a mixed picture. While cash reserves increased by 15% to £3,200, current assets experienced a significant drop of 850%, settling at £30,000. Debtors have skyrocketed by 6,700%, reaching £27,000—a potentially concerning trend. Creditors also saw a substantial increase, jumping 110% to £13,000. Equity, however, has improved dramatically, rising by 3,200% to £3,800. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the increase in debt and decrease in current assets could indicate some financial pressure. No auditor is mentioned, which is typical for companies of this size.

Overall, Testech Limited seems to be a niche supplier in a specialized market. While the company’s financial health isn't entirely clear, the growth in equity suggests a potential turnaround. It’s likely that the company is working to manage its debtors and creditors while continuing to expand its product offerings.

Registered in England/Wales under the registration number 05719566, with a registered address at BH11 9DA, England, Bournemouth, 49 Cudnell Avenue.

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