T-ips Washrooms Limited

T-Ips Washrooms Ltd, based in Newcastle UK, is a small, active company founded eleven years ago in 2014. Employing fourteen people and boasting assets of £2,677,184, it operates from a real address and is managed by three directors, although there are no reported owners. Its Google rating stands at a respectable 4.0 based on four reviews, and it regularly imports electrical machinery and equipment, with the latest import activity recorded six months ago.

The company specializes in commercial washroom refurbishment, offering a complete turnkey solution from design to installation. It caters to a wide range of sectors, including commercial offices, healthcare facilities, schools, sports centres, retail spaces, and government buildings. T-Ips Washrooms Ltd partners with leading manufacturers like Venesta, Sylan, TBSAmwell, and Bushboard, and its website showcases numerous completed projects.

Financially, T-Ips Washrooms Ltd presents a mixed picture. Current assets have increased by 8.1% to £2,700,000, while net assets have jumped a significant 70% to £1,700,000. Bank borrowings have risen by 85%, reaching £93,000, and cash reserves have grown by 27% to £230,000. Creditors have decreased by 24%, suggesting improved debt management. The company’s small size, meeting two of three conditions for being considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), allows for agility. However, the increase in bank borrowings and a notable rise in trade debtors (14%) may indicate a need for closer cash flow monitoring. No auditor is mentioned, consistent with its status as a small, exempt company.

Overall, T-Ips Washrooms Ltd appears to be a healthy, growing business, although it should keep an eye on its debt levels and ensure timely payments from customers.

Registered in England/Wales under the registration number 08867062, with a registered address at ST5 1BT, United Kingdom, Newcastle, Staffordshire, Suite 3 Silk Mill House, 21 Marsh Parade.

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