T.c. Components Limited

TC Components Ltd, based in Bolton, UK, is a small, family-run business with an active status, having operated for 41 years. Employing just four people and holding £366,381 in assets, it’s a modest operation with a virtual address shared by numerous other companies. The business is managed by three directors and owned by two individuals. It regularly imports knitted or crocheted fabrics—61 months of import activity recorded—and occasionally exports treated or layered fabrics for industrial use, with just two months of export activity.

The company’s website reveals a more expansive operation than initially apparent. TC Components Ltd isn't just a wholesale supplier; it’s a specialist in leather goods, orthopaedic products, and piano restoration. It offers a wide range of products, from high-density foam to sustainable footwear options, catering to both commercial and individual customers. The website even highlights its expertise in piano restoration, showcasing museum-grade restorations and disaster recovery services.

Financially, TC Components Ltd presents a mixed picture. Current assets have decreased by 14%, falling to £370,000, while net assets have also declined by 7.5%, reaching £140,000. Bank borrowings have increased by 8.1%, reaching £150,000, and cash reserves have decreased by 8.1%, reaching £160,000. Trade debtors have fallen by 19%, suggesting improved collection efforts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, TC Components Ltd appears to be navigating a period of change. While the core wholesale business continues, the diversification into piano restoration and broader product offerings suggests an attempt to expand revenue streams. Whether this strategy will prove successful remains to be seen, but the company’s long history and family ownership provide a solid foundation.

Registered in England/Wales under the registration number 01734800, with a registered address at BL1 8TU, Bolton, 9 Riverside, Waters Meeting Road.

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