Tridan Engineering Limited

Tridan Engineering Ltd, based in Dorset, UK, is a well-established small company with an active status. Founded 44 years ago in 1981, it employs 58 people and holds £3,356,320 in assets. The company has a real address and is managed by six directors, though there are no reported owners – a common situation for smaller businesses. It boasts a stellar 5.0 Google rating based on four reviews. Tridan Engineering regularly imports machinery, boilers, and mechanical appliances, parts, with the latest import activity recorded ten months ago. It also exports optical and medical tools and devices, with the latest export activity recorded twenty-four months ago.

The company operates in the manufacture of other general-purpose machinery n.e.c. industries, and its website highlights a focus on CNC precision engineering, machining, and mechanical assembly. It serves a range of sectors, including aerospace, defence, automotive, and medical, offering services from milling and turning to assembly and quality control. The website also promotes a total outsource partnership, suggesting a focus on providing comprehensive engineering solutions to clients.

Financially, Tridan Engineering Ltd shows some interesting trends. Bank borrowings have dramatically decreased by 100%, leaving the company with zero bank debt – a positive sign. However, cash bank on hand has increased by a whopping 790%, reaching £120,000, which could indicate a period of strong cash flow or a deliberate strategy to build reserves. Creditors have decreased by 10%, suggesting improved debt management. Assets have increased by 16%, but deferred tax liabilities have decreased by 40%, which is a bit unusual. Net assets have increased by 43%, a good sign for the company's overall financial health. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The accounts are audited by Duncan & Toplis Audit Limited.

The company’s financial data also reveals a significant increase in amounts owed by group undertakings, rising by 8.5%. This could indicate a closer relationship with other companies within the Langham Industries group, which is the ultimate parent company. While the company’s financial picture appears generally healthy, the increase in amounts owed by group undertakings warrants further investigation.

Registered in England/Wales under the registration number 01548920, with a registered address at DT2 7PZ, Doset, Bingham's Melcombe, Dorchester.

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