Tts Precision Engineering Ltd
- Small
- Active
- 15 years
- 19 employees
- £1,212,486 (assets)
- Real address
- 2 directors
- 1 owner
- Irregular importer
- Regular exporter
- Rating 5.0 (3)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 3 months ago, a good sign to sell them something.
The owners list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Phones
Summary
TTS Precision Engineering Ltd, based in Sheffield, UK, is a small, active company founded fifteen years ago. With nineteen employees and £1,212,486 in assets, it’s a well-established player in the region. The company, owned by Cocksedge Wayne Barry and managed by two directors, boasts a stellar 5.0 Google rating from three reviews. It’s an irregular importer, bringing in machinery parts for two months, and a regular exporter, shipping machinery and parts for eleven months.
The company’s website highlights its focus on precision engineering and a diverse global market. TTS offers a "one-stop-shop" providing specialist engineering services, including CNC milling, turning, grinding, EDM wire, fabrication, and metrology. They cater to sectors like steel, defence, and special purpose tooling, even offering reverse engineering services. The website’s design is clean and professional, emphasizing quality and innovation.
Financially, TTS Precision Engineering Ltd shows some interesting trends. Accrued liabilities decreased slightly, while bank borrowings saw a significant drop, falling by 81%. Cash reserves, however, jumped considerably, increasing by 470% to £360,000—a positive sign. Creditors also decreased, suggesting improved debt management. Despite a slight decrease in property plant equipment, the company’s net assets increased by 25%. The company meets two of the three conditions to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, relying on director-reported data, don’t mention an auditor. It's a good sign that the company has been able to reduce its borrowing and increase its cash reserves, but the decrease in property plant equipment is something to keep an eye on.
Registered in England/Wales under the registration number 07153335, with a registered address at S4 7QQ, United Kingdom, Sheffield, 4 Atlas Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 2 years
-
Resident of United Kingdom
-
Individual
- 13 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
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Purchase of own shares.Download 4 pages pdf report
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Purchase of own shares.Download 4 pages pdf report
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Total exemption full accounts made up to 2025-02-28Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Tts Precision Engineering Ltd
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