Tailfin Ltd

Tailfin Ltd from Bristol UK: a small, active company founded eight years ago, employs ten people, and holds £1,697,399 in assets. It's a solo-founded operation with one director and owner. The company regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 98 months of import activity and 30 months of export activity recorded. It operates in the manufacture of sports goods industries.

The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce site or primarily functions as a wholesale supplier. The lack of a visible online presence suggests a business-to-business model, focusing on direct sales to retailers or distributors.

Financially, Tailfin Ltd shows a mixed picture. Current assets have increased by 53%, reaching £1,700,000, while net assets have risen by 49% to £910,000. Bank borrowings have increased significantly, surging by 55% to £110,000, and cash reserves have grown by 80% to £670,000. Creditors have also increased, rising by 53% to £760,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings should be monitored. The accounts are unaudited, which is common for small companies.

The increase in both assets and cash reserves is a positive sign, suggesting growing business activity. However, the rise in bank borrowings and creditors indicates that the company is relying more on external financing and managing its payment obligations. The company's growth in assets and cash reserves is a good sign, but it’s important to see if this trend continues.

Registered in England/Wales under the registration number 10631226, with a registered address at BS1 6UX, United Kingdom, Bristol, Somerset, Tailfin Ltd, 129 Cumberland Road.

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