T1a Ltd

T1a Ltd from Croydon UK: a small, active company founded eight years ago, employs three people, and holds £517,822 in assets. It operates from a virtual address—a bit unusual, as sixty-two companies share the same location—and is managed by two directors and one owner. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 48 months of import activity and 19 months of export activity recorded.

The company's website, T1a Ltd, describes itself as buying, refurbishing, and selling used IT tier 1 assets. It offers asset recovery services to private customers, businesses, and resellers, and has a dedicated section for consumer resellers. The website suggests a focus on the IT sector, specifically dealing with used equipment.

Financially, T1a Ltd appears to be holding its own. Current assets increased by 6%, reaching £520,000, while debtors also grew by 6% to £520,000. Equity increased by 15%, rising to £100,000, and net assets also increased by 15%. Creditors, however, increased by 3.9% to £410,000. The company is a small business, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The accounts are abridged and unaudited, and the company has taken exemption under the Companies Act relating to small companies. There is no auditor mentioned.

Overall, T1a Ltd seems to be a stable, albeit small, operation. The company's focus on used IT assets and its online presence suggest a modern, adaptable business model. The increase in debtors, however, might indicate some challenges with customer payments—something to keep an eye on.

Registered in England/Wales under the registration number 10567028, with a registered address at CR0 1NG, England, Croydon, Surrey, 308 High Street.

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