Tanker Equipment Company Limited

Tanker Equipment Company Limited, based in Rolleston, UK, is a small, active company established 14 years ago. With just two employees and £198,542 in assets, it's a solo-founded operation managed by a single director and owner, Stanley David Mark. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 12 months of import activity recorded, the latest in November 2023.

The company’s website, Tankquip, positions itself as a provider of road tanker equipment, boasting a wide range of new and used tanks, fuel tanks, and related services. It emphasizes European suppliers and a team-oriented approach, promising quality products and reliable backup. The website also features a blog with updates on recent builds, including waste oil tanks and powder tanks—a testament to the company's diverse capabilities. It seems to be primarily a B2B operation, not an e-commerce site, focused on direct sales and service.

Financially, Tanker Equipment Company Limited presents a mixed picture. Current assets have fallen by 32% to £200,000, while net assets have plummeted 170% to -£2,200—a significant reversal. Bank borrowings have decreased by 77%, reaching £16,000, and cash reserves have dropped 22% to £83,000. Creditors have also decreased by 28%, suggesting improved debt management. 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, but the sharp equity drop raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Tanker Equipment Company Limited is facing some financial headwinds. The company’s focus on specialized tanker equipment and its established supplier network could help it weather the storm, but the declining equity needs to be addressed.

Registered in England/Wales under the registration number 07565019, with a registered address at NG23 5SP, Rolleston, Nottinghamshire, 4 Croft Farm Close.

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