Testo Limited

Testo Ltd from Alton UK: a small, holding company with an active status, was founded 42 years ago in 1982. Employing 34 people, the company holds assets worth £2,922,108 and operates from a real address. It’s managed by two directors and one owner. Testo Ltd regularly imports and exports optical and medical tools and devices, with 501 months of import activity and 171 months of export activity recorded.

The company’s website reveals a broad range of test and measurement equipment, catering to various industries. It’s not primarily an e-commerce site, but rather a platform showcasing its extensive product catalog and directing customers to authorized distributors. The site lists numerous manufacturers and product categories, including cable fault location equipment, electrical testers, thermal cameras, and pressure calibration tools. It’s clear that Testo Ltd acts as a supplier and distributor, connecting manufacturers with customers seeking specialized testing solutions.

Financially, Testo Ltd shows a mixed picture. Current assets increased by 41%, reaching £2,900,000, while net losses deepened to -£19,000. Bank borrowings surged by 1100%, reaching £27,000, and cash reserves fell 67% to £640,000. Trade debtors ballooned by 47%, suggesting delayed customer payments or expanded credit terms, and creditors rose 42% to £2,200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company is audited by Menzies LLP, and the financial statements were authorized on February 05, 2024.

Overall, Testo Ltd appears to be a stable, albeit slightly stretched, distributor in a specialized market. The company’s reliance on external manufacturers and its focus on B2B distribution suggest a business model that prioritizes expertise and relationships over direct sales.

Registered in England/Wales under the registration number 01688780, with a registered address at GU34 2QJ, Alton, Hampshire, Cheriton House, Newman Lane.

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