Thamesway Storage Solutions Ltd

Thamesway Storage Solutions Ltd, based in Crayford, UK, is a small, active company founded three years ago. With £174,022 in assets and a real address, it’s a modest operation run by two directors and owners, maintaining a perfect 5.0 Google rating from two reviews. The company operates in the warehousing and storage facilities for land transport activities industries. It’s an irregular importer, with its top import category being Wood and Wood Products, totaling 1 months of imports, the last operation conducted on August 01, 2023.

The company's website highlights its 16,000 sq. ft. of secure, flexible managed space close to the M25, positioning itself as a key part of the Thamesway Group, a FORS Gold accredited haulage provider. It offers a range of services, including e-commerce fulfillment, long-term storage, destuffing, cross-docking, and inventory control. The website emphasizes its ability to meet the growing demand for warehouse space, especially with the rise of e-commerce and Brexit-related import surges. They work with clients to source the best solution, be that Supply Chain review or just providing some muchneeded relief in the form of extra capacity.

Financially, Thamesway Storage Solutions Ltd shows a mixed picture. Current assets increased by 21% to £170,000, while cash reserves grew significantly by 770% to £40,000. However, creditors also rose by 29% to £100,000, and trade debtors decreased by 4.4% to £130,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. There’s no auditor mentioned, likely due to the company's small size and exemption from an audit.

The company's growth in cash reserves is encouraging, but the increase in creditors suggests a need to manage its short-term liabilities. The decrease in trade debtors could be a sign of improved payment collection, or it could indicate a slowdown in sales. Overall, Thamesway Storage Solutions Ltd seems to be navigating the challenges of a growing business, but it’s important to monitor its financial health closely.

Registered in England/Wales under the registration number 14073504, with a registered address at DA1 4AL, England, Crayford, Kent, Unit E Holm Road, Acorn Industrial Park.

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