Online Tank Store Ltd

Online Tank Store Ltd, based in Beaminster, UK, is a small, active family business founded five years ago. With £91,935 in assets and a real address, it’s a tight-knit operation run by two directors and owners. The company operates an e-commerce site and has a stellar 5.0 Google rating from twelve reviews. It’s a regular exporter of plastics and plastic products, with three months of export activity recorded as of December 2023.

The company’s website showcases a wide range of water storage solutions, from standard tanks to specialized containers for campervans, agriculture, and even equestrian use. It also offers fuel storage tanks and a variety of accessories, catering to a diverse customer base. The site emphasizes UK-manufactured products and direct-to-site delivery, highlighting its commitment to quality and customer service. They even have a showroom in Beaminster, Dorset.

Financially, Online Tank Store Ltd presents a mixed picture. While cash reserves increased by a healthy 46% to £78,000, net assets decreased slightly to £6,300. Bank borrowings increased to £3,400, and trade creditors rose by 37% to £71,000, suggesting a need to manage debt. Interestingly, debtors decreased by 14%, which is a good sign. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There's no auditor mentioned, so the figures are unaudited.

The company’s growth in exports and online presence are encouraging, but the rising debt and slight decrease in net assets warrants close attention. It seems like they are doing well, but it’s important to keep an eye on their financial health.

Registered in England/Wales under the registration number 12163070, with a registered address at DT8 3PT, England, Beaminster, Dorset, Unit 11 Horn Park Quarry, Broadwindsor Road.

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