Tarquin Bilgen Limited

Tarquin Bilgen Ltd from Sudbury UK is a small, active company founded eleven years ago. With four employees and £295,239 in assets, it operates from a virtual address, managed by a single director and owner. The company regularly imports art and antiques (for six months) and exports furniture, lighting, and prefabricated buildings (for ninety-five months). It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company operates in the other retail sale in non-specialised stores industries. Its website is currently unavailable, making it difficult to determine the extent of its e-commerce operations.

Financially, Tarquin Bilgen Ltd shows some concerning trends. Current assets have fallen by 39%, dropping to £300,000. Net assets have also declined significantly, decreasing by 43% to £220,000. Bank borrowings have increased, rising to £310. Creditors have also increased by 350%, reaching £26,000. Cash reserves have plummeted by 100%, leaving only £200. Trade debtors have increased by 50%, suggesting possible issues with customer payments. The company’s small size helps it remain agile, but the decline in equity and cash reserves warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company’s focus on importing art and antiques, alongside its export of furniture and building materials, suggests a diverse business model. The significant decrease in cash reserves, however, could indicate that the company is burning through money faster than it’s generating revenue—perhaps due to increased costs or slower sales. It's possible that the company is expanding its operations, which could explain the increased borrowing, but the lack of cash reserves is a cause for concern.

Registered in England/Wales under the registration number 08996123, with a registered address at CO10 2SP, Sudbury, Suffolk, 61 Station Road.

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