T&r Limited

T&r Limited is a small, active company based in Newcastle Upon Tyne, UK, established three years ago in 2021. With a single employee and £29,317 in assets, it operates from a virtual address shared by twenty-three other companies, a fact that raises some questions. The company is run by one director and owner, Shelley Thomas Michael. It’s a regular importer, specializing in toys, games, and sports equipment, with ten months of import activity recorded, the last in October 2023. The company's website reveals it operates in the retail sale via mail order houses or via internet industries.

The company’s website, Thompson and Richardson, highlights a broader insurance brokerage business, founded in 1964. It positions itself as Lincolnshires leading insurance broker, offering a range of commercial, personal, and agricultural insurance solutions. The website emphasizes expertise, access to the London Market, and a network of local offices. While T&r Limited appears to be a smaller part of this larger operation, it’s unclear how closely the two are integrated.

Financially, T&r Limited shows a mixed picture. Cash bank on hand decreased by 20% to £6,600, while creditors dropped by 24% to £35,000. Trade debtors increased significantly by 270% to £2,500, which could indicate an expansion in credit sales. However, equity plummeted 79% to -£4,200, a concerning trend. 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 remain flexible, but the drop in equity suggests it's burning through money. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.

Overall, T&r Limited seems to be navigating a challenging financial landscape. While its import business remains active and it benefits from being part of a larger brokerage, the declining equity and reduced cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 13575208, with a registered address at NE12 8EG, United Kingdom, Newcastle Upon Tyne, Rmt Accountants And Business Advisors Ltd, Gosforth Park Avenue.

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