Texpro Ltd

Texpro Ltd, based in Coleraine, UK, is a small, family-run business with an active status, celebrating 29 years in operation. Employing seven people and holding assets of £506,562, the company is a familiar presence in the region. With three directors and two owners, it’s a tight-knit operation with a real registered address. Texpro Ltd specializes in the wholesale of mining, construction, and civil engineering machinery, alongside engineering and environmental consulting services. They operate globally, sourcing materials from Japan, Thailand, the United Arab Emirates, the United Kingdom, and the United States.

While they import electrical machinery and equipment sporadically – just two months of import activity recorded – Texpro Ltd is a consistent exporter, with 141 months of export activity noted, the latest in February 2025. Their website highlights a focus on instrumentation and electrical construction materials, adhering to international standards like ATEX and IECEx. The business operates through a network of global suppliers, and offers a range of services including piano restoration.

Financially, Texpro Ltd presents a mixed picture. Creditors have significantly increased by 87%, reaching £230,000, while cash reserves have plummeted 99%, leaving just £1,500. Bank borrowings have also increased, reaching £8,200. On a positive note, trade debtors have ballooned by 260%, suggesting increased sales or expanded credit terms. Net assets have also decreased by 10%, falling to £350,000. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, the accounts are unaudited, relying on director-reported data.

The sharp decline in cash reserves and the increase in liabilities raise questions about the company’s financial health, but the substantial growth in trade debtors suggests a period of increased sales. Whether Texpro Ltd can sustain this growth and navigate the current financial pressures remains to be seen.

Registered in Northern Ireland under the registration number NI030025, with a registered address at BT51 5AB, Coleraine, Co Londonderry, 87b Main Street, Garvagh.

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