Thermal Transfer Solutions Limited

Thermal Transfer Solutions Ltd, based in Redditch, UK, is a small holding company with an active status, having been incorporated nineteen years ago in 2005. The company employs twenty-two people and holds assets totaling £2,973,254. It operates from a real address and is overseen by two directors and one owner. Regular import and export activity is a key part of its business, with 59 months of imports and 36 months of exports recorded, primarily involving miscellaneous manufactured goods.

The company's website reveals a focus on thermal transfer ribbons – essential components for printers used in various industries. TTS offers a wide range of ribbons, including general purpose, colour, and specialized grades, catering to applications from shipping labels to textile manufacturing. Beyond ribbon sales, the website highlights services like onsite consultancy, testing programs, and even custom branding options. A key differentiator is its focus on high-quality products and expertise, positioning itself as a leading converter and supplier in Europe. The website also mentions a partnership with the TODAYTEC Group, a global manufacturer of thermal transfer ribbons.

Financially, Thermal Transfer Solutions Ltd shows a mixed picture. Current assets have decreased by 19%, falling to £3,000,000, while net assets have increased by a significant 44%, reaching £1,800,000. Cash reserves have fallen 57%, dropping to £330,000. Bank borrowings have remained stable, and creditors have decreased by 47%, indicating improved debt management. The company’s small size, meeting two of three criteria for a small business, allows for flexibility, but the decline in cash reserves could be a concern. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Thermal Transfer Solutions Ltd appears to be a stable, albeit small, business navigating the challenges of the thermal transfer ribbon market. The company’s focus on quality and service, combined with its partnership with a larger group, suggests a potential for continued success, although careful management of cash flow will be essential.

Registered in England/Wales under the registration number 05622783, with a registered address at B98 9HE, United Kingdom, Redditch, Worcestershire, Unit 27 Walkers Road, Manorside Industrial Estate.

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