Twmisco Ltd

TWM Technology Ltd, based in Honiton, UK, is a small, active company founded three years ago in 2022. Employing nine people and holding £70,000 in assets, it operates from a real registered address within the Heathpark Industrial Estate. With two directors and two owners, the business is a family affair. TWM Technology regularly imports and exports electrical machinery and equipment, with 24 months of import activity and 33 months of export activity recorded, the latest in February 2025.

The company specializes in the treatment and coating of metals, offering design to production services for electronic housings used in RF, microwave, and optoelectronics applications. It caters to industries like aerospace, fibre optics, and offshore oil & gas, providing services ranging from machining and plating to in-house solder assembly. TWM Technology operates under the Eurotech Group plc, retaining its established market reputation despite the acquisition. Its ethos emphasizes personable relationships with customers and a unique all-inclusive service. The company is also registered on the JOSCAR supplier accreditation register.

Financially, TWM Technology Ltd shows a mixed picture. Accumulated depreciation on property, plant, and equipment increased significantly by 150%, suggesting ongoing investment in its facilities. Cash bank on hand decreased by 3.4% to £210,000. Creditors decreased by 18% to £630,000, which could indicate improved debt management. However, amounts owed to directors decreased by 42% to £220,000, a potentially concerning trend. Future minimum lease payments decreased by 18% to £140,000. 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 remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, TWM Technology Ltd appears to be a stable, albeit small, operation. Its focus on specialized services and established customer base should support its continued success, although the decrease in amounts owed to directors warrants further observation.

Registered in England/Wales under the registration number 13891052, with a registered address at TQ12 6UT, England, Newton Abbot, Unit 7-8 King Charles Business Park, Heathfield.

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