Tev Limited

TEV Ltd, based in Bradford, UK, is a sizable company with a 21-year history, currently employing 73 people and holding assets valued at £7,761,674. As a holding company with an active status, it operates from a real address and is overseen by four directors and a single owner. The company is a regular importer and exporter, specializing in machinery, boilers, and mechanical appliances, with a consistent history of imports spanning 316 months and exports for 50 months. The last import and export operations both took place in February 2025.

TEV Ltd positions itself as a "trusted partner" for HVACR product solutions, offering bespoke designs for various project applications. Its website directs visitors to Marstair.com and Quartz.co.uk, suggesting a broader network of associated businesses. It also mentions a copyright date of 2019, indicating a relatively established online presence.

Looking at the financial data, TEV Ltd’s performance shows some concerning trends. Accrued liabilities decreased significantly by 64%, which is a positive sign, but the company’s overall net assets remained unchanged. Depreciation on plant and machinery increased by 3.8%, suggesting investment in equipment, while administrative expenses decreased by 26%, which could indicate cost-cutting measures. Perhaps most notably, the company’s profit loss plummeted from £300,000 to just £7,000—a dramatic decline. Bank borrowings also increased, and cash reserves fell, which might suggest a need for tighter financial management. It’s worth noting that the company’s turnover is estimated to be over £36 million, and its balance sheet total is over £18 million, so it meets the criteria to be a large company. The company’s auditor is Azets Audit Services Limited.

In conclusion, TEV Ltd appears to be a well-established player in the HVACR sector, but its recent financial results raise questions about its current health. While the company maintains a strong online presence and a reputation for quality, the sharp decline in profits warrants close monitoring.

Registered in England/Wales under the registration number 04865581, with a registered address at BD4 6SF, England, Bradford, Unit 1a Commondale Way, Euroway Industrial Estate.

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