Transputec Limited

Transputec Ltd, a family business based in Wembley, UK, is a sizable operation with 79 employees and a solid £12.5 million in assets. Founded 27 years ago, the company generates £24.2 million in yearly revenue, and is an active trading status. It’s a real address, with five directors and two owners, and has a 5.0 Google rating from 34 reviews. The company regularly imports machinery, boilers, and mechanical appliances (parts) and exports electrical machinery and equipment.

Transputec operates as an IT support and services provider, offering a wide range of solutions from managed IT services and cloud computing to software development and cyber security. Its website showcases a comprehensive suite of offerings, targeting businesses seeking to enhance their technology infrastructure and security posture. The company also appears to be expanding into AI solutions and generative AI, reflecting a commitment to innovation.

Financially, Transputec’s picture is mixed. While current assets increased by 2.8% to £13 million, cash and cash equivalents decreased significantly by 28% to £4.9 million. Bank borrowings have increased, and net assets decreased by 3.4% to £9.2 million. Director remuneration benefits have increased by 31% to £550,000, while administrative expenses have risen by 12% to £5.7 million. The company’s turnover has increased by 3.8% to £24 million. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet total more than £18 million, average number of employees more than 250. The lack of an auditor is likely due to its size. The company’s continued growth in services and its focus on cutting-edge technologies suggest a resilient business model, but the decrease in cash reserves warrants monitoring.

Registered in England/Wales under the registration number 03443568, with a registered address at HA0 1SS, Wembley, Middlesex, Transputec House, 19 Heather Park Drive.

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