T.f.i. (concepts) Limited

Tfi Concepts Ltd from Dartford UK: a small, active company established 32 years ago, employs 11 people, and holds £3,139,718 in assets. It operates from a virtual address, managed by two directors and two owners, and maintains a Google rating of 3.0 based on five reviews. The company is an irregular importer, specializing in machinery, boilers, and mechanical appliances; parts, with recent import activity recorded just two months ago.

The company's core business revolves around renting and leasing office machinery and equipment, including computers. It’s a relatively small operation, meeting two of the three criteria to be classified as small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website is minimal, offering little insight into its operations beyond its core business. There's no e-commerce presence, suggesting a business-to-business model focused on direct sales and leasing.

Looking at the financial data, there are some concerning trends. While cash reserves increased by 30% to £2,100,000, net assets declined by 9.9% to £3,000,000. Trade debtors have fallen by 86% to £200,000, which could indicate difficulties in collecting payments. Bank borrowings have also decreased, which is a positive sign. The company’s creditors have increased by 46% to £610,000, which may be due to increased purchasing of equipment for leasing. The lack of an auditor mentioned likely reflects its status as a small, exempt company.

Overall, Tfi Concepts Ltd appears to be navigating a period of change. While it maintains a decent asset base and has increased cash reserves, the decline in net assets and the increase in creditors suggest it's facing financial pressures. The company's long-standing presence and relatively stable employee count indicate a degree of resilience, but its future success will depend on its ability to manage its debts and maintain a steady stream of rental income.

Registered in England/Wales under the registration number 02789063, with a registered address at DA2 6QA, United Kingdom, Dartford, Kent, Charles Lake House Claire Causeway, Crossways Business Park.

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