Tas Building Supplies Limited

Tas Building Supplies Ltd, based in Dumfries, UK, is a small, family-run business with an active status. Founded 17 years ago, it employs 21 people and holds £1,047,000 in assets. The company operates from a virtual address, registered to 22 companies, and is led by two directors and two owners. It has a stellar 5.0 Google rating based on 69 reviews. The business is an irregular importer, with its top import category being Miscellaneous metal items, totaling 1 months of imports.

The company's website showcases a comprehensive range of building supplies, from timber and joinery to plumbing, drainage, and tools. It serves both trade customers and DIY enthusiasts, offering a wide selection of products and even sourcing hard-to-find materials. The site frequently posts updates on special offers and new arrivals, highlighting its commitment to competitive pricing and customer service. A job posting for a Class 2 HIAB driver suggests the company is expanding its delivery capabilities.

Financially, Tas Building Supplies Ltd exhibits some concerning trends. Current assets have decreased by 15%, dropping to £1,000,000, while net assets have increased by a substantial 98%, reaching £1,400,000. Bank borrowings have decreased by 29%, falling to £130,000, and cash reserves have decreased by 7%, dropping to £430,000. Creditors have decreased by 19%, which is a positive sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. However, the decrease in current assets and the increase in creditors suggests it might be burning through cash faster than it’s bringing it in. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Tas Building Supplies Ltd appears to be a well-regarded local supplier, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in Scotland under the registration number SC336876, with a registered address at DG1 2PE, Dumfries, 123 Irish Street.

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