Tbs Specialist Products Ltd

Tbs Specialist Products Ltd from Rugeley UK: a small company, holding company, with an active status, was founded 11 years ago. It employs four people and holds £2,082,802 in assets, operating from a real address with five directors and one owner. The company regularly imports aluminum and aluminum products, with 11 months of import activity recorded.

The business operates as a supplier of solar PV panels and energy storage solutions, primarily targeting commercial and residential properties across the United Kingdom. Its website, TBS Solar, highlights a focus on renewable energy, offering design, installation, and servicing for solar panels. The company also caters to commercial clients, providing tailored solar PV systems for industrial premises. A separate division, 1066 Pianos, is also mentioned, although its connection to TBS Specialist Products Ltd isn't explicitly stated.

Financially, the company’s performance shows some interesting trends. While net assets increased by 36% to £560,000, cash reserves saw a significant jump, rising by 610% to £530,000. However, bank borrowings increased substantially, rising by 1,700% to £710,000. Creditors also saw a large increase, jumping 600% to £1,500,000. The number of employees increased by 25% to five. The company is classified as small, meeting two of three criteria for turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

The substantial increase in bank borrowings and creditors, alongside a significant rise in raw materials, suggests the company is investing heavily in its operations, possibly to meet growing demand or expand its product offerings. The increase in employees indicates a growing workload, while the increase in assets shows the company is growing.

Registered in England/Wales under the registration number 08800699, with a registered address at WS15 2DQ, England, Rugeley, Crossley Stone House, Crossley Stone.

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