Tarvin Precision Limited

Tarvin Precision Ltd from Hawarden UK is a small, active company founded fifteen years ago in 2009. Employing fourteen people and holding assets of £561,610, it operates from a real address and is managed by five directors and four owners – a family business. The company is irregular importer of machinery, boilers, and mechanical appliances; parts (imported for one month) and a regular exporter of ships, boats, and floating structures (exported for four months).

The company operates in the other manufacturing n.e.c. industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s current assets are £560,000.

Tarvin Precision Ltd’s financial picture presents a mixed bag. While cash reserves increased by a healthy 89% to £19,000, net assets dropped 5.7% to £84,000. Bank borrowings decreased by 6.6% to £310,000, and creditors saw a significant decrease of 37% to £170,000. Trade debtors, however, increased by 35%, suggesting potential issues with customer payments. The company’s net losses deepened to -£23,000.

The company’s financial reports are unaudited, a common practice for small entities. The increase in bank borrowings and decrease in cash reserves may indicate the company is burning through money to sustain operations, but the decrease in creditors suggests improved debt management. It's possible the company is investing in new equipment or expanding its operations, which could explain the increased borrowing.

Registered in England/Wales under the registration number 07031517, with a registered address at CH5 3US, Hawarden, Flintshire, Unit 2 Hawarden Business Park, Manor Road.

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