Terraroc Ltd
- Active
- Small
- 6 years
- 9 employees
- £1,878,748 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 4 directors
- No owners
- London
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Terraroc Ltd, a small company based in London, UK, has been active for five years, employing ten people and holding assets of £1,289,922. Founded in July 2019, the company operates from a virtual address, managed by four directors, though no owners are officially listed. It’s a regular importer and exporter of basic metal tools and utensils, with 96 months of recorded activity in both categories.
The company’s website reveals a specialized business focused on core drilling equipment and related services. It’s a subsidiary of Debe Drill Group AB and offers a range of products including casing advancement systems, down-the-hole hammers, and core drilling equipment. The site emphasizes precision, efficiency, and safety, catering to a global customer base with regional offices in the USA, UK, and Finland. It seems they are not an e-commerce site, but rather a B2B supplier of specialized equipment. News updates on the website highlight new hires, pilot projects, and factory visits—suggesting ongoing growth and industry engagement.
Financially, Terraroc Ltd’s performance presents a mixed picture. Current assets have decreased by 16% to £1,300,000, while net assets have seen a significant turnaround, increasing by 140% to £1,100,000. Bank borrowings have decreased by 2,400%, reaching £29,000, and cash reserves fell 19% to £95,000. Trade debtors have increased by 14%, suggesting a possible shift in credit terms. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the significant change in equity raises questions about its long-term stability. The company’s financial statements are unaudited, and no auditor is mentioned.
Overall, Terraroc Ltd appears to be navigating a period of change. While its specialized equipment business seems to be thriving, the financial data suggests a need for careful management to ensure sustained growth.
Registered in England/Wales under the registration number 12131970, with a registered address at WC1N 2EB, England, London, 10 John Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Managers
-
Individual
- 2 years
-
Resident of Sweden
-
Individual
- 2 years
-
Resident of Sweden
-
Individual
- 2 years
-
Resident of Sweden
-
Individual
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Accounts for a small company made up to 2024-12-31Download 10 pages pdf report
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Confirmation statement made on 2025-07-31 with no updatesDownload 3 pages pdf report
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Accounts for a small company made up to 2023-12-31Download 9 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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