Tf Wholesale Limited

TF Wholesale Limited, based in London, UK, is a small, active company founded six years ago. Despite a strong 5.0 Google rating from three reviews, the business faces some financial and administrative challenges, with accounts overdue for a year and confirmation statements outstanding for two years. The company holds just £1,730 in assets and operates from a virtual address shared by thirty-three other companies. It's a solo-founder operation with one director and owner, Howard Oliver.

The company’s website showcases a wholesale supplier of air conditioning, refrigeration, and heat pump kit installation materials. TF Solutions caters to commercial customers, offering a wide range of products from leading brands and providing technical support and spares. The site emphasizes next-day delivery, competitive pricing, and a nationwide network of branches—a clear focus on efficient service and broad reach. They even offer trade accounts with 60-day credit terms. The website’s content suggests a B2B model, with a focus on providing materials and support for HVAC professionals.

Financially, TF Wholesale Limited’s numbers paint a mixed picture. Current assets have dropped significantly by 43% to £1,700, and net assets have fallen by a substantial 16% to -£7,500. Bank borrowings have decreased slightly by 12%, and cash reserves have plummeted 48% to £270. Creditors have also decreased by 12%, which is a positive sign. 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 agility, but the sharp decline in equity and cash reserves raises concerns. There's no mention of an auditor, which is common for small, exempt companies.

The trend of declining assets and increasing net losses suggests TF Wholesale Limited is burning through cash. While the company’s website and service offerings appear well-established, the financial data indicates a need for improved profitability or a capital injection. It's possible the company is investing heavily in growth, but the current trajectory warrants close monitoring.

Registered in England/Wales under the registration number 11746258, with a registered address at E17 5BY, England, London, 2b Thorpe Crescent.

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