Ticino-desinex Limited

Ticino-Desinex Ltd from Fleet UK is a small company with an active status, established 51 years ago. It employs three people and holds assets of £185,986. The company, which has three directors and one owner, operates from a real address and is an irregular importer of optical and medical tools and devices, with just one month of imports recorded as of October 01, 2022.

The company’s activities seem diverse, encompassing the manufacture of computers and peripheral equipment, IT service activities, research and development, and the production of loaded electronic boards. While no website is available to analyze, the company’s profile suggests a blend of industrial design and technology services.

Financially, Ticino-Desinex Ltd presents a mixed picture. Current assets have decreased slightly, falling by 2%, to £190,000. However, net assets have experienced a more significant drop, falling 17% to £83,000. Bank borrowings have increased by 5.2% to £38,000, while cash reserves have also increased by 5.2% to £38,000. Creditors have risen by 15%, reaching £100,000, and trade debtors have decreased by 2.7% to £140,000. Prepayments have seen a massive increase of 97%, reaching £4,900. The company’s small size—meeting two of three conditions for a small company—helps it maintain agility, but the decline in equity warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

The increase in creditors and the decrease in equity suggest the company may be burning through cash, though the increase in cash reserves and bank borrowings indicate it has access to funding. The company’s long history and the presence of multiple directors suggest stability, but the financial data needs to be monitored closely to ensure long-term sustainability.

Registered in England/Wales under the registration number 01169166, with a registered address at GU52 0RD, Fleet, Hampshire, Unit 6 Redfields Industrial Park, Church Crookham.

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