Tubular Inspection Products Ltd.

Tubular Inspection Products Ltd is a small, active company based in Dundee, UK, established eighteen years ago. With six employees and £613,556 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports and exports optical and medical tools and devices, with 39 months of import activity and 100 months of export activity recorded, the latest in February 2025.

The company’s core business revolves around the manufacture of other electrical equipment, as stated on its Companies House profile. While no website is available to analyze, this suggests a B2B focus rather than direct consumer sales. It's likely the company supplies components or finished products to larger manufacturers or distributors.

Financially, Tubular Inspection Products Ltd presents a mixed picture. While current assets remain relatively stable at £610,000, a slight decrease of 1.6% has been observed. Bank borrowings have increased significantly, and cash reserves have fallen by a substantial 39% to £190,000. Trade debtors have also risen considerably, by 36%, indicating a potential need to manage customer payments more effectively. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. The company’s creditors have increased by 4.2% to £280,000.

The company’s depreciation on motor vehicles has seen a significant decrease, by 49%, and plant machinery has increased by 1.9%. The company has not been audited, relying on unaudited statements. The rise in debt and decrease in cash reserves could be due to investments in new equipment or expansion efforts. It's possible the company is experiencing growing pains as it seeks to increase its market share.

Registered in Scotland under the registration number SC316897, with a registered address at DD5 3GH, Dundee, 25 Balmossie Terrace, Broughty Ferry.

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