T7design Ltd

T7design Motorsport Thermal Solutions Performance Parts, based in Newton Abbot, UK, is a small, active company founded ten years ago in 2015. With £972,341 in assets and a real address, it employs six people and is led by two directors, with Mudge Adam Thomas as the sole owner and solo founder. The company operates an e-commerce site, earning a stellar 5.0 Google rating from fourteen reviews. It regularly imports machinery, boilers, and mechanical appliances parts (151 months) and exports vehicles, parts, and accessories (25 months).

T7design’s website showcases a diverse range of automotive and motorsport products, from heating and cooling solutions to performance parts and accessories. It caters to enthusiasts and professionals alike, offering everything from replacement parts to custom fabrication services. The site emphasizes quality, expertise, and a commitment to customer satisfaction, with sections dedicated to engineering services like 3D scanning and laser cutting.

Financially, T7design shows a mixed picture. Current assets increased by 39% to £970,000, while net assets grew by 58% to £950,000. Cash reserves increased by a substantial 90% to £170,000, a positive sign. However, bank borrowings decreased by 48% to £11,000. Trade debtors increased by 150% to £30,000, which could indicate challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble. As a small company, it’s exempt from an audit, so the financial data is unaudited.

Overall, T7design appears to be a healthy and growing business, capitalizing on the demand for high-quality automotive and motorsport parts. The increase in cash reserves and net assets suggests a strong financial foundation, although the rise in trade debtors warrants monitoring.

Registered in England/Wales under the registration number 09524215, with a registered address at TQ12 3EQ, United Kingdom, Newton Abbot, Devon, 11 Oakford Kingsteignton.

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