Transmission Technology (europe) Ltd

Transmission Technology Europe Ltd, based in Reading, UK, is a small holding company with an active status, celebrating 20 years since its founding in 2004. The company employs just two people and boasts assets of £4,140,095. It has a real address and is managed by one director and one owner, enjoying a stellar 5.0 Google rating from 75 reviews. The company regularly imports machinery, boilers, and mechanical appliances, with 14 months of import activity recorded.

The company’s website reveals a long history, starting in 2004, initially focused on the oil, gas, and power generation markets. It evolved to offer specialized services like piano restoration, operating under the name 1066 Pianos, and even has a presence in Harrods. Transmission Technology acts as an agent and distributor for various international companies, offering products ranging from couplings to fire dampers, catering to industries like gas turbines, naval applications, and HVAC. The website’s content highlights technical expertise and a focus on quality and customer service.

Financially, Transmission Technology Europe Ltd presents a mixed picture. While current assets remain stable at £4,100,000, a significant drop in accumulated depreciation for motor vehicles (-33%) and plant machinery (-100%) is noticeable. Bank borrowings have increased substantially, and cash reserves have decreased. Creditors have also risen, suggesting a need to manage debt. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decrease in equity is concerning. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Transmission Technology Europe Ltd appears to be navigating a period of change. While its established network of international partners and high-quality service offerings provide a strong foundation, the financial data suggests a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 05234234, with a registered address at RG7 5TZ, Reading, Berkshire, 27 Abbey Gardens, Upper Woolhampton.

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