Tasca Tankers Limited

Tasca Tankers Limited, based in Wakefield, UK, is a small, holding company with an active status, celebrating 30 years in business. Employing 65 people and holding assets of £4,845,974, the company operates from a real address and is led by one director and owner. Google users rate it 4.0 stars based on three reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 16 months of import activity recorded.

The company’s core business involves the manufacture of other transport equipment, n.e.c. industries. While details about its operations are limited, the financial data paints a mixed picture. Current assets have increased by 9.3% to £4,800,000, suggesting growth in its working capital. However, net assets have dramatically improved by 130%, rising to £98,000, a significant turnaround. Bank borrowings have decreased by 63%, falling to £76,000, which is a positive sign. Creditors have also decreased by 21%, indicating better debt management.

Despite these improvements, the company’s financial data reveals some concerning trends. Cash reserves have increased by 21,000%, reaching a substantial £290,000—a remarkable surge. Trade debtors have increased by 8.8%, suggesting potential issues with customer payments. 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 agile, but the sharp equity improvement raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Tasca Tankers Limited appears to be navigating a period of change, with a strong asset base and improved financial health. However, the company's reliance on a single owner and director, coupled with the lack of external audit, warrants careful monitoring.

Registered in England/Wales under the registration number 02965713, with a registered address at WF2 8PT, Wakefield, West Yorkshire, Unit 5 Diamond Business Park, Thornes Moor Road.

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