Tim Warren - Director at Protek CNC Components Ltd
Professional Background
Tim Warren currently holds the position of Director at Protek CNC Components Ltd, based in Washington, Tyne and Wear, United Kingdom. He has been serving in this role since June 21, 2019. Previously, Tim Warren worked as a Body Repair Apprentice at Hetton Body Repair Centre. His educational background includes attending Houghton Kepier.
Company Overview: Protek CNC Components Ltd
Protek CNC Components Ltd specializes in manufacturing highly complex, tight toleranced components from difficult materials. The company exclusively utilizes Mazak CNCs and has been operational for over three decades. The firm operates out of South Shields, Tyne And Wear, with the registered address at 301a Sunderland Road, NE34 6RB.
Financial Performance
For the financial year ending April 2023, Protek CNC Components Ltd reported:
- Turnover: £1.6 million
- Gross Profit: £307.9 thousand
- Operating Profit: £51.5 thousand
- Net Assets: £207.8 thousand
- Employee Costs: £404.2 thousand, with a total of 10 employees
The company's financial performance indicates a slight increase in turnover from the previous year, continuing a trend of moderate growth. However, the firm has experienced a lower growth rate recently and faces declining growth in the broader industry context.
Shareholding and Directors
The major shareholders of Protek CNC Components Ltd include:
- Colin Warren: 34%
- Sara Louise Warren: 33%
- Timothy Warren: 27%
- Ashley Warren: 6%
Alongside Timothy Warren, the other director is Sara Warren, who has been serving since April 2016.
Company Health
Protek CNC Components Ltd has received a 2.5 out of 5 rating in Pomanda's financial health check, highlighting:
- Strengths: Two areas exceed the industry average.
- Weaknesses: Seven areas for improvement.
The company shows robust performance in maintaining cash reserves and overall asset management, though its growth rate and size are below the industry average.
Relevant Insights for Sales Background
1. Industry Credibility: With over thirty years of experience and the use of high-precision Mazak CNC machinery, Protek CNC Components Ltd demonstrates substantial industry credibility.
2. Financial Stability: The firm maintains significant cash reserves and has a steady though moderate increase in turnover, indicating stable financial health despite the slow growth rate.
3. Key Decision Makers: Tim Warren plays a crucial role in the company's operations as Director, making him a significant point of contact for any sales or partnership proposal.
4. Company Needs: Given the company's focus on high-tolerance machining and complex materials, opportunities likely exist for offering new technological advancements or efficiency-enhancing solutions in CNC machinery and processes.
Contact Information
- LinkedIn Profile: [Tim Warren](https://uk.linkedin.com/in/tim-warren-a3b025113)
- Company Website: [Protek CNC Components Ltd](www.protek-cnc.co.uk)
- Company Registered Address: 301a Sunderland Road, South Shields, Tyne And Wear, NE34 6RB
- Telephone: +44 191 419 0916
This information collates a comprehensive background on Tim Warren and Protek CNC Components Ltd, emphasizing relevant financial data, operational insights, and key company contacts, tailored for strategic sales initiatives.