Transac International Holding Ltd

Transac International Holding Ltd, based in Croydon, UK, is a small, active company founded 48 years ago in 1976. With just two employees and £26,448 in assets, it’s a modest operation managed by two directors and a solo founder. The company operates from a virtual address, a fact highlighted by the presence of 77 other companies registered at the same location. While it’s an irregular importer of plastics and plastic products (just two months of import activity since 2017), it’s a regular exporter of electrical machinery and equipment (eight months of exports since 2020).

The company’s website reveals a fascinating, specialized business. Transac isn’s just a holding company; it’s a global provider of bespoke security vehicle solutions. It designs, integrates, and supports equipment for explosive ordnance disposal (EOD), improvised explosive device disposal (IEDD), chemical, biological, radiological, and nuclear (CBRNe) threats, and other security applications. The website details services like equipment integration, training support, threat assessment, and consultancy – all geared towards securing clients worldwide. It’s clear Transac isn’t selling off-the-shelf products; it’s crafting tailored solutions for high-stakes security operations.

Financially, Transac International Holding Ltd presents a concerning picture. Current assets have plummeted 87%, falling from £200,000 to just £26,000. Bank borrowings have disappeared entirely, but this isn’t necessarily a positive sign—it could indicate a reliance on trade credit. Creditors have increased significantly by 13%, and net assets have fallen 49%, resulting in a substantial loss. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 25 employees), the dramatic decline in equity and cash reserves suggests it’s burning through money. The lack of an auditor mentioned, likely due to its small size, means the figures are unaudited.

The company's focus on high-value security solutions is promising, but the financial data indicates a need for careful management. Whether Transac can sustain its specialized operations while navigating these financial pressures remains to be seen.

Registered in England/Wales under the registration number 01268107, with a registered address at CR0 1JG, England, Croydon, 73 Park Lane.

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