Tekhniseal Limited

Tekhniseal Ltd from Worsley UK: small company, active status, founded 38 years ago, 7 employees, £294,590 assets, real address, 3 directors, 1 owner, google rating 5.0 based on 2 reviews. Regular importer of machinery, boilers, and mechanical appliances; parts (5 months imported). Regular exporter of electrical machinery and equipment (6 months exported). It's a small, family-run business with a long history, operating in the wholesale of other intermediate products. The company has a solid online presence, boasting a perfect 5.0 Google rating, and serves a diverse customer base with its mechanical seal solutions.

The company’s website showcases a specialization in mechanical seal refurbishment, manufacture, and redesign, catering to a range of industries. It offers both new seal cartridges and expert reconditioning services, with a focus on providing cost-effective solutions and problem-solving expertise. The site also highlights the company’s in-house manufacturing capabilities and its ability to provide custom parts and repair services. It’s clear they're not just selling seals; they're providing engineering solutions.

Financially, Tekhniseal Ltd presents a mixed picture. Current assets increased by 18%, reaching £290,000, while net assets rose by 24%, hitting £230,000. However, bank borrowings decreased by 37%, falling to £17,000, and cash reserves declined by 9%, settling at £58,000. Debtor’s increased significantly by 29%, reaching £200,000, which could indicate growth but also potential collection issues. Creditors also decreased by 17%, suggesting improved debt management. As a small company (meeting two of three criteria), it benefits from agility, but the increase in debtors warrants closer attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Tekhniseal Ltd seems to be a stable, albeit small, business with a strong reputation and a focus on specialized services. The company’s long history and experienced team position it well for continued success, but the increase in debtors should be monitored closely.

Registered in England/Wales under the registration number 02024647, with a registered address at M28 2LY, Worsley, Manchester, Unit 1 Albion Business Centre, Priestley Road Wardley Ind Est.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.