Taf Fechan Tyres Ltd
- Small
- Active
- 8 years
- 18 employees
- £1,624,108 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Rating 4.0 (17)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Taf Fechan Tyres Ltd, based in Cardiff, UK, is a small, active company established eight years ago. With 18 employees and £1,624,108 in assets, it operates from a virtual address, managed by a single director and owner. The business has a solid 4.0 Google rating from 17 reviews and regularly imports rubber and rubber products, with its last import activity recorded 19 months ago in March 2023.
The company’s core business revolves around the wholesale trade of motor vehicle parts and accessories, likely serving garages and retailers. While a dedicated website isn't available, it's listed as a tyre shop in Merthyr Tydfil, Wales, suggesting a local presence alongside its wholesale operations. The company's registration address is CF11 9HA, United Kingdom, Cardiff, Suite 3 13 Cathedral Road, but it’s probably virtual as twelve companies registered at the same address.
Financially, Taf Fechan Tyres Ltd shows a mixed picture. Current assets have decreased by 17% to £1,600,000, while net assets have fallen by 17% to £990,000. Bank borrowings have decreased by 31% to £68,000, and cash reserves have dropped by 33% to £380,000. Creditors have decreased by 10% to £730,000, indicating better debt management. The company’s small size—meeting two of three conditions for a small company—helps with agility, but the decrease in equity is a concern. Trade debtors have increased by 6.5%, which could be a sign of delayed payments from customers. The company is exempt from an audit, so the figures are unaudited.
Overall, Taf Fechan Tyres Ltd seems to be facing some financial headwinds, but its established presence in the tyre wholesale market and positive customer reviews suggest it has the potential to weather the storm.
Registered in England/Wales under the registration number 10460101, with a registered address at CF11 9HA, United Kingdom, Cardiff, Suite 3 13 Cathedral Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-04-30Download 11 pages pdf report
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Confirmation statement made on 2024-07-03 with updatesDownload 5 pages pdf report
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Registered office address changed from 2 Alexandra Gate Ffordd Pengam Cardiff CF24 2SA United Kingdom to Suite 3 13 Cathedral Road Cardiff CF11 9HA on 2024-04-05Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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