Ts-uk (electromechanical Locking Specialists) Ltd.

Ts-Uk (Electromechanical Locking Specialists) Ltd, based in Cumbernauld, Scotland, is a small, active company founded 20 years ago. With 23 employees and £531,550 in assets, it operates from a virtual address shared by 21 other companies, a fact that raises a slight question mark. The company is led by seven directors, including Lawrence Terence Michael, and has one owner. It boasts a perfect 5.0 Google rating based on a single review. The company is an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on October 01, 2022.

Ts-Uk specializes in electro-mechanical locking systems and automation solutions for doors, gates, and barriers. Its website showcases a diverse range of services, including fire door division, hospitality automation, CCTV, and access control. Notably, it partners with Onity, a leading provider of electronic locking systems, and is a certified supplier of fire doors. The company also has a showroom in Harrods, London, which is a nice touch.

Financially, Ts-Uk shows some interesting trends. Cash reserves increased by 41% to £76,000, a positive sign. However, creditors rose by 27% to £530,000, and trade debtors increased significantly by 68% to £350,000, which could indicate some challenges in collecting payments. Equity increased dramatically by 380% to £43,000, which is a good sign. Bank borrowings have completely disappeared, a very positive change. 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 stay agile, but the increase in creditors is something to keep an eye on. The accounts are unaudited, which is common for small companies.

Overall, Ts-Uk appears to be a well-established company with a strong reputation, but it’s navigating some financial pressures. It’s a family-owned business with a long history, and it’s clear that it’s committed to providing high-quality security solutions.

Registered in Scotland under the registration number SC281516, with a registered address at G65 0NH, Glasgow, 22 Backbrae Street, Kilsyth.

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.