Tsl Technology Limited

TSL Technology Ltd from Eastleigh UK: a small company with an active status, was founded 33 years ago in 1992. It employs nine people and holds £650,632 in assets. The company operates from a virtual address, has three directors, and is owned by Yuratich Michael Andrew. It regularly imports and exports electrical machinery and equipment – 9 months of imports and 19 months of exports recorded.

The company's activities seem to center around supporting petroleum and natural gas extraction, as well as manufacturing electronic measuring equipment. It also has a website, though no details are available.

Financially, TSL Technology Ltd presents a mixed picture. While cash bank on hand has seen a massive increase of 1200% to £410,000, current assets have also risen by 56% to £650,000. However, trade debtors have dramatically increased by 330% to £98,000, and net losses have deepened. Bank borrowings have also risen significantly. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increased debt and losses are concerning. The number of employees has slightly decreased from nine to eight. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small entities.

Overall, TSL Technology Ltd is navigating a period of change. While its asset base has grown substantially, the rise in debt and losses suggests it may be burning through cash. The company’s long history and established import/export operations provide a solid foundation, but managing its finances will be crucial for its continued success.

Registered in England/Wales under the registration number 02682533, with a registered address at SO53 4AR, Eastleigh, Hampshire, Highland House Mayflower Close, Chandlers Ford.

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