Thai Express Franchising Limited

Thai Express Franchising Limited, based in Waltham Abbey, UK, is a small, active company founded thirteen years ago in 2012. It employs just four people and holds £805,371 in assets. The company is led by a single director and owner, who also serves as the solo founder. It's a regular importer, primarily of paper and paperboard products, with nineteen months of import activity recorded, the latest in February 2024.

The company operates as agents involved in the sale of food, beverages, and tobacco, likely facilitating franchise operations. While a website isn't available to analyze, the business model suggests a focus on supporting Thai Express franchises within the UK.

Financially, Thai Express Franchising Limited shows a mixed picture. Current assets increased by 2.2% to £810,000, while net assets grew by 27% to £290,000. Bank borrowings decreased by 15% to £33,000, and cash reserves increased by 20% to £270,000. Creditors decreased by 7.8%, indicating improved debt management. The company’s small size (meeting two of three conditions for being small) helps it remain flexible. The increase in the number of employees from four to five could be a sign of growth, or perhaps a shift in operational needs. The company is unaudited, which is common for small companies.

The increase in trade debtors by 5.6% could be a sign of delayed customer payments, or perhaps an expansion of credit terms. Overall, the company appears to be financially stable, though it's worth noting that the figures are unaudited and don't provide a complete picture of the business's performance.

Registered in England/Wales under the registration number 07932939, with a registered address at EN9 3BZ, United Kingdom, Waltham Abbey, Unit 11 Meridian Business Park, Fleming Road.

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