T. Reed Ltd

T. Reed Ltd is a small, active company from Cheshire, UK, established 22 years ago. With £2,952 in assets and a real address, it's a modest operation managed by one director and owner. The company operates in the manufacturing and retail sectors, specifically through mail order and internet sales.

The business’s website, Sideguard, focuses on protecting car wing mirrors. It offers a reflective device called Sideguard, designed to be inserted between the car door and wing to increase visibility and prevent damage from passing vehicles. The product is marketed directly to consumers through its website and eBay store, emphasizing ease of use and affordability. It’s a niche product, but the website’s detailed explanations and technical specifications suggest a dedicated customer base.

Financially, T. Reed Ltd’s numbers paint a mixed picture. Cash bank on hand has fallen significantly, dropping 70% to just £840. Creditors have risen by 46% to £28,000, and net assets have decreased by 24% to -£17,000. Trade debtors have increased, although only slightly, at 30 GBP. While the company’s small size (meeting two of three conditions for being small) helps it remain flexible, the decline in equity is concerning. The lack of employees (zero reported) suggests a lean operation, and the absence of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s fixed assets have increased significantly, by 210%, which could be a positive sign of investment, but it’s unclear if this is sustainable given the decrease in cash reserves. Overall, T. Reed Ltd appears to be facing financial headwinds, but its specialized product and direct-to-consumer sales model could provide a buffer against broader economic challenges.

Registered in England/Wales under the registration number 04570052, with a registered address at CW12 3TN, Cheshire, 16a Ayrshire Way, Congleton.

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