Toucan Systems Limited

Toucan Systems Ltd from Gwent UK: a small, active company founded 38 years ago, employs ten people, and has a real address. With five directors and one owner, it holds a respectable Google rating of 4.0 based on five reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded. It operates in the manufacture of other electrical equipment industries.

The company's website isn't available, so it's difficult to determine if they engage in e-commerce. However, the description suggests a business-to-business model, supplying electrical equipment to other companies.

Financially, Toucan Systems Ltd presents a mixed picture. Average employee numbers decreased by 20% to eight, while fixed assets grew by 25% to £340,000. However, net assets decreased by 9.1% to £630,000, and prepayments and accrued income dropped significantly by 91%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in net assets is concerning. The accounts are unaudited, as is typical for small companies.

Overall, Toucan Systems Ltd seems to be navigating a period of change. While fixed assets have increased, the decline in net assets and decrease in employee numbers suggests a need for careful management. It's a long-standing business with a solid reputation, but the financial data indicates a company that is perhaps not burning through money like a startup, but is certainly not booming either.

Registered in England/Wales under the registration number 02068869, with a registered address at NP13 1SP, Gwent, 3 Roseheyworth Business Park, Abertillery.

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