Tci (gb) Ltd

TCi (GB) Ltd, based in Barnstaple, UK, is a large, active company established eighteen years ago. With fifty-two employees and £13,341,672 in assets, it’s a significant player, generating £42,438,455 in revenue annually. The company, a family business with seven directors and two owners, operates from a real address and is managed by Sealey Adrian John and Sealey Rebecca Louise. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with the most recent import activity occurring in October 2024.

The company’s website, tcigb.co.uk, showcases its wholesale business of office furniture and construction of commercial buildings. It’s not clear if it’s an e-commerce site, but it does offer a wide range of products and services.

Financial analysis reveals some concerning trends. While revenue has increased significantly, the company’s net assets have decreased by 12% to £7.9 million. Depreciation and impairment of property, plant, and equipment have increased, particularly in furniture fittings and motor vehicles. However, cash and bank balances have also increased by 20%, indicating improved liquidity. Bank borrowings have also increased, and trade debtors have decreased. The company’s net loss has remained steady at £2.2 million.

Despite these challenges, TCi (GB) Ltd appears to be navigating a complex financial landscape. The increase in cash reserves suggests improved cash flow management, but the rising depreciation and borrowing costs could put pressure on profitability in the future. The company’s large number of employees and substantial asset base demonstrate its scale, but the lack of an auditor mentioned in the report—likely due to its size—means the figures are unaudited, relying on internal reporting.

Registered in England/Wales under the registration number 05838425, with a registered address at EX31 3UL, United Kingdom, Barnstaple, Unit 21 Hele Manor, Roundswell.

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