Tft Electronics Ltd
- Small
- Active
- 5 years
- 3 employees
- £75,391 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Tft Electronics Ltd from Shetland UK: a small, active company founded five years ago, employs three people, and holds £75,391 in assets. It’s led by one director and owner, operating from a real address. The company regularly imports and exports optical and medical tools and devices, with 21 months of import activity and 14 months of export activity recorded.
Tft Electronics Ltd operates as an electronic and electrical engineering firm based in Shetland. It provides services like electrical, solar, and CCTV installations for domestic, industrial, and marine customers. They also offer PAT testing and electrical installation condition reports. A key aspect of their business is being the European distributor and service centre for SpectraVet LZR7 Laser Therapy Equipment, and they specialize in servicing Thor Laser Therapy Equipment. They stock used medical and veterinary laser therapy equipment and offer electronic design and manufacturing services. They are also ISO13485 certified and supply DCC decoders for model railways.
Financially, Tft Electronics Ltd’s numbers paint a mixed picture. Accumulated Amortisation Impairment Intangible Assets grew by 33.0% to £20,000, while Accumulated Depreciation Impairment Property Plant Equipment increased to £44,000. The number of employees decreased by 33.0% to just two. Bank borrowings significantly increased by 150% to £25,000, and Creditors rose by 36% to £84,000. However, cash bank on hand increased to £3,000. Net assets decreased by 55% to £20,000, and Trade Debtors decreased by 16%. The company’s small size—meeting two of three criteria for being a small company—helps it remain agile. With no auditor mentioned, the figures rely on unaudited statements.
Overall, Tft Electronics Ltd seems to be facing some financial pressures, but its diverse range of services—from laser therapy equipment to model railway decoders—suggests a resilient business model.
Registered in Scotland under the registration number SC653705, with a registered address at ZE2 9NL, Scotland, Shetland, Shetland Islands, T F T Electronics Unit 1, Skeld Industrial Estate, Skeld.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Gaskin Pete
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Gaskin Pete
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted two months ago.
Last news
-
Confirmation statement made on 2025-02-05 with updatesDownload 4 pages pdf report
-
Change of details for Mr Pete Gaskin as a person with significant control on 2025-02-05Download 2 pages pdf report
-
Director's details changed for Mr Pete Gaskin on 2025-02-05Download 2 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Tft Electronics Ltd
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