The Tibbetts Group Limited

The Tibbetts Group Limited, based in Banbury, UK, is a sizable company with an active status, operating as a holding company. Founded nineteen years ago in 2005, it employs seventy-two people and holds assets worth £25,295,324. With four directors and one owner, the company maintains a real address and boasts a respectable Google rating of 4.0 based on five reviews. It’s a regular importer and exporter, specializing in iron or steel products, with 507 months of import activity and 329 months of export activity recorded.

The company’s website doesn’t provide much detail about its online presence, suggesting a primarily business-to-business operation rather than direct e-commerce. It seems to operate in the wholesale trade of motor vehicle parts and accessories, the wholesale of wood, construction materials and sanitary equipment, and other business support services.

Financially, The Tibbetts Group Limited shows a mixed picture. While current assets increased by 6.4% to £25,000,000, net assets grew by 7.1% to £19,000,000. Bank borrowings remained stable, and cash reserves held steady at £2,200,000. However, creditors increased by 39%, reaching £34,000,000, and net losses deepened to -£23,000,000. It’s a large company, meeting two of three criteria for size: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The increase in creditors, coupled with the losses, could indicate challenges in managing cash flow, but it’s also possible that the company is investing in growth. The company’s unaudited financial statements were prepared by Shaw Gibbs (Audit) Limited.

Registered in England/Wales under the registration number 05536038, with a registered address at OX16 1RH, England, Banbury, Tibbetts House, Beaumont Road.

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