Tgw Europe Ltd

Tgw Europe Ltd, hailing from Liverpool, UK, is a small, active company founded nine years ago. With £2,002 in assets and a real address, it’s a modest operation managed by one director and owner, holding a stellar 5.0 Google rating from seven reviews. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website reveals a far larger operation: TGW Logistics, a global leader in warehouse automation and logistics. They offer end-to-end services, from design and implementation to maintenance, catering to industries like fashion, grocery, and industrial goods. They even boast customer success stories with big names like INTERSPORT Austria and Gap Inc. The site is professional and detailed, showcasing a wide range of products and services—a stark contrast to the smaller scale suggested by Tgw Europe Ltd’s financial profile.

Financially, Tgw Europe Ltd’s picture is concerning. Current assets have fallen by 34% to £2,000, while net assets have declined by 4.3% to -£25,000. Cash reserves have plummeted 81%, leaving just £19. Bank borrowings have also decreased, but the significant drop in equity is a cause for concern. Creditors remain relatively stable, but the overall trend points to a company struggling to maintain its financial health. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

It seems Tgw Europe Ltd might be a smaller subsidiary or operational arm of the larger TGW Logistics, perhaps focusing on specific regional sales or services. The financial strain suggests a need for careful management and potentially a reassessment of its role within the broader group.

Registered in England/Wales under the registration number 10014797, with a registered address at L8 7NN, England, Liverpool, 7 Canning Street.

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