Tgw Limited

Tgw Ltd from Market Harborough UK: large company, active status, founded 18 years ago, 441 employees, £71,931,911 assets, yearly revenue: £120,290,310, real address, 5 directors, 5 owners, google rating 5.0 based on 7 reviews. Regular importer of electrical machinery and equipment (91 months imported). Regular exporter of electrical machinery and equipment (52 months exported). Tgw Ltd is a significant player in the warehouse automation industry, offering comprehensive solutions from design and implementation to ongoing maintenance and support. The company’s website highlights its expertise in automated systems and modular technologies, catering to diverse sectors including fashion, grocery, industrial goods, and consumer electronics. It's clear they operate globally, with a strong presence in Europe, Asia, and North America.

Tgw Ltd’s core business revolves around designing, implementing, and maintaining automated warehouse systems. They provide a full suite of services, from initial consultation and system design to ongoing maintenance and spare parts support. Their website showcases a range of products, including goodstoperson systems, sorting systems, transportation solutions, and software applications like warehouse management and workforce management. They also offer consulting services and training programs. The company's focus on industry-specific solutions and its commitment to innovation are key differentiators.

Financially, Tgw Ltd presents a mixed picture. While turnover increased by a healthy 53%, reaching £120 million, net assets took a hit, decreasing by 15% to £19 million. Cash reserves also declined significantly, falling 30% to £21 million. Bank borrowings, however, surged by an impressive 2,400%, reaching £29 million—a substantial increase that could signal investment in expansion or a need to manage working capital. Creditors decreased by 18%, suggesting improved debt management. The company’s large size (meeting two of three conditions for being large: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250) means it operates under more stringent reporting requirements. No auditor is mentioned, likely due to the company’s size.

The increase in bank borrowings, coupled with the decrease in cash reserves, raises questions about the company’s financial health. It's possible that Tgw Ltd is investing heavily in new technologies or expanding its operations, which would require additional funding. The decrease in net assets could be due to a variety of factors, such as increased competition or changing market conditions. The company’s strong Google rating and its focus on customer satisfaction suggest that it is well-positioned to weather any financial challenges. It's also worth noting that the company’s parent, TGW-Future, likely provides financial support and strategic guidance.

Registered in England/Wales under the registration number 06000337, with a registered address at LE16 7FQ, Market Harborough, Leicestershire, Falcon Court.

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