Tgn Project Services Ltd
- Small
- Active
- 5 years
- 1 employee
- £7,143 (assets)
- £93,076 (revenue)
- Real address
- 1 director
- 1 owner
- Regular importer
- Solo founder
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
Tgn Project Services Ltd is a small, active company based in Telford, UK, founded five years ago in 2020. With just one employee and £7,143 in assets, it’s a solo founder operation led by a single director and owner. The company has a real registered address and regularly imports optical and medical tools and devices—a consistent activity over the past six months, with the latest import recorded in February 2025.
The company’s website reveals a focus on industrial control systems. Tgn Project Services offers a range of services, including training, network diagnostics, control systems development, SCADA/HMI visualization, and consultancy. It's a full-service provider, offering everything from individual services to a full project lifecycle management. The site highlights flexibility and open communication, tailoring solutions to client needs. It's a PROFIBUS PROFINET International approved Training Centre and has a physical location at Ainsdale Drive, Priorslee, Telford. The website also has a cookie acceptance banner.
Financially, Tgn Project Services Ltd presents a mixed picture. Current assets have significantly decreased by 71%, dropping to £7,100, while net assets have increased by 13%, reaching £17,000. Turnover increased by a modest 5%, reaching £93,000. However, administrative expenses have risen considerably by 77%, reaching £44,000. Bank borrowings are at zero, and cash reserves have fallen by a substantial 69%, down to £3,300. Creditors have plummeted by 99%, suggesting improved debt management. 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 decrease in cash reserves warrants attention. No auditor is mentioned, consistent with its status as a small company exempt from an audit.
Overall, Tgn Project Services Ltd appears to be navigating a period of transition. While revenue is growing, the increased expenses and decrease in cash reserves suggest a need for careful financial management. The company’s focus on specialized services and its commitment to customer needs provide a solid foundation for future growth, but monitoring its financial health will be crucial.
Registered in England/Wales under the registration number 12539010, with a registered address at TF2 9QJ, England, Telford, 5 Ainsdale Drive, Priorslee.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-03-21 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 17 pages pdf report
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Confirmation statement made on 2024-03-21 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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