Terrane Limited

Terrane Ltd from Huntingdon UK: a small, active company founded 22 years ago, employs eight people, and holds £131,928 in assets. Operating from a virtual address, it’s a family business with three directors and two owners, and boasts a stellar 5.0 Google rating from 14 reviews. The company regularly imports special woven and decorative fabrics, with 13 months of import activity recorded.

Terrane Ltd’s website reveals a fascinating business model. It’s a supplier to the world’s armed forces, offering a wide range of products from ceramics and glassware to embroidered badges, keyrings, and even teddy bears. The site is well-organized, with dedicated sections for the Royal Air Force and Red Arrows, showcasing licensed products. It also offers customization options, allowing customers to design their own badges and prints. The website clearly operates as an e-commerce platform, facilitating online orders and showcasing a diverse catalog of military-themed merchandise.

Financially, Terrane Ltd presents a mixed picture. Current assets have fallen by 21%, dropping to £130,000, while net assets have plummeted 72%, leaving just £14,000. Cash reserves have also decreased significantly, falling 87% to just £6,200. Bank borrowings have increased, and creditors remain stable. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. No auditor is mentioned, likely due to the company’s exemption as a small business. The unaudited figures, while not alarming, suggest a need for careful financial management.

Registered in England/Wales under the registration number 04600281, with a registered address at PE26 1BS, Huntingdon, Cambs., 108 High Street, Ramsey.

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