Tinius Olsen Limited

Tinius Olsen Limited, based in Redhill, UK, is a holding company with a 54-year history, currently employing 61 people. The company boasts assets of £8,494,099 and a yearly revenue of £9,088,579. It’s a real address, managed by five directors and two owners, and maintains a stellar 5.0 Google rating based on a single review. The company regularly imports optical and medical tools and devices (155 months) and exports electrical machinery and equipment (258 months).

The company’s website highlights its role as a manufacturer of testing machines for tensile, compression, impact, and hardness testing. It caters to a wide range of industries, including education, medical, and plastics, offering both individual machines and automated systems. The site also features a software package called Horizon, designed to streamline testing processes and data analysis. Tinius Olsen actively participates in industry events, showcasing its products at exhibitions in the US, Germany, and China.

Financially, Tinius Olsen Limited’s recent report reveals some interesting trends. While revenue increased by a healthy 54%, net assets took a hit, dropping 73% to £16,000. Bank borrowings increased dramatically, by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. However, creditors decreased by 18%, suggesting improved debt management. The company’s investment property valuation also increased by 30% to £700,000. The lack of an auditor mentioned likely stems from the company's exemption as a small business. The sharp decline in equity, despite increased revenue, could indicate investments in growth or perhaps a temporary setback.

Registered in England/Wales under the registration number 00998521, with a registered address at RH1 5DZ, Redhill, Surrey, 6 Perrywood Business Park, Honeycrock Lane , Salfords.

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