Tbg Solutions Limited

Tbg Solutions Ltd, a small holding company based in Chesterfield, UK, has been operating for 23 years, employing 24 people and holding assets valued at £789,749. Founded in 2001, the company is currently active and managed by two directors and one owner. It regularly imports and exports electrical machinery and equipment, with 13 months of import activity and 6 months of export activity recorded, the latest in March 2024.

The company’s operations appear to center around providing other information technology service activities. While a website isn't available to analyze, the business seems to operate primarily as a service provider, rather than an e-commerce platform.

Financially, Tbg Solutions Ltd presents a mixed picture. While net assets remained stable at £700,000, current assets experienced a significant drop of 39%, falling to £790,000. Bank borrowings have vanished completely, a positive sign, but cash reserves also decreased by 29%, ending at £390,000. Creditors decreased by 34%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in current assets warrants attention. Trade debtors also decreased significantly, suggesting a potential issue with collecting payments. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data reveals a trend of decreasing liquidity, which could be a cause for concern. While the company is profitable, the decrease in cash reserves and current assets suggests that it may be burning through money. The decrease in bank borrowings is a positive sign, but the company needs to carefully manage its cash flow to avoid running into financial difficulties.

Registered in England/Wales under the registration number 04262737, with a registered address at S43 4UL, Chesterfield, Derbyshire, 3a Midland Court Barlborough, Links, Barlborough.

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