Thatchreed Limited

Thatchreed Ltd from Kempston UK is a small holding company with an active status, having been founded 44 years ago in 1980. Employing 21 people, the company holds assets worth £8,837,572 and operates from a real address. With three directors and one owner, it maintains a stellar Google rating of 5.0 based on 15 reviews. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 406 months of import activity and 99 months of export activity recorded.

The company operates in the non-specialised wholesale trade industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company is owned by Reynards Holdings Ltd, and its directors are Griffith Douglas John, Griffith Gavin John, and Lewis Glenn Edwin.

Financial data reveals some interesting trends. While current assets increased by a modest 2.1% to £8,800,000, net assets grew more significantly by 9.7% to £10,000,000. However, bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

The company’s trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The lack of employees (zero reported) hints at a lean, possibly solo operation. The company is audited by an auditor, and its unaudited figures rely on director-reported data.

Registered in England/Wales under the registration number 01532407, with a registered address at MK42 7AD, United Kingdom, Kempston, Arqadia House, 2 Wolseley Road.

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