Thomson Pettie Limited

Thomson Pettie Limited, based in Carluke, UK, is a large company operating as a holding company with an active status. Established eleven years ago in 2013, the company employs 135 people and holds assets worth £4,931,342. Its yearly revenue is reported at £15,388,013. The company has five directors and one owner, with the list of directors and owners having changed four years ago. It operates from a real address and regularly imports machinery, boilers, and mechanical appliances; parts (for three months), and exports vehicles, parts, and accessories (not for trains or trams) for forty-one months.

The company’s core business is the manufacture of steel tube products and associated metal fabrications. It also has a parent company, Thomson Pettie Group Limited, which prepares consolidated accounts. The company’s website details a range of services, including steel fabrication, laser cutting, and welding, catering to various industries. It’s a well-established player in the metalworking sector, with a focus on quality and custom solutions.

Financially, Thomson Pettie Limited presents a mixed picture. Current assets decreased by 11% to £4,900,000, while net assets increased by 16% to £3,800,000. Bank borrowings decreased significantly by 50% to £680,000, and cash reserves decreased by 40% to £74,000. Creditors decreased by 25%, suggesting improved debt management. The company’s turnover decreased by 3.5% to £15,000,000. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) helps it stay agile. The company’s auditor is Martin Aitken & Co Ltd.

The decrease in cash reserves and turnover, despite improved creditor management, could be attributed to increased operating expenses or investments in new equipment. The increase in bank borrowings, although substantial, may reflect financing for expansion or working capital needs. The company's continued operation and presence in the market suggest it's navigating these challenges effectively, but close monitoring of its financial performance will be crucial in the coming years.

Registered in Scotland under the registration number SC459114, with a registered address at ML8 5EJ, Carluke, Lanarkshire, Whiteshaw, Works.

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