Tbs Polycarbonates Limited

Tbs Polycarbonates Ltd from Waltham Cross UK is a small, family business holding company with an active status. Founded four years ago in 2020, the company employs twenty people and holds £4,313,597 in assets. It has a real address, three directors, and four owners. The company has a stellar 5.0 Google rating based on five reviews. It’s an irregular importer, primarily dealing with miscellaneous metal items, with the last import operation occurring just two months ago in March 2024.

The company operates in the wholesale of hardware, plumbing, and heating equipment and supplies. While a website isn't available, this suggests a business-to-business model, likely supplying retailers or contractors rather than selling directly to consumers.

Financially, Tbs Polycarbonates Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased dramatically by 100%, while depreciation impairment property plant equipment also saw a significant rise of 50%. Advances credits directors decreased by 70%, and average employees increased by 10%. Cash bank on hand increased by a substantial 170%, while corporation tax payable rose by 55%. Creditors increased by 5.4%. Despite these fluctuations, net assets increased by 55%.

The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. The increase in corporation tax payable and the decrease in advances credits directors could indicate increased profitability and reinvestment, but also potential cash flow management challenges. The lack of an auditor mentioned suggests it’s exempt as a small company, so the financial data is unaudited. Overall, Tbs Polycarbonates Ltd appears to be a stable, albeit somewhat volatile, business navigating the challenges of import and wholesale.

Registered in England/Wales under the registration number 12879315, with a registered address at EN8 9TL, England, Waltham Cross, Hertfordshire, Unit 9 Fieldings Road, Cheshunt.

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