The Tsk Group Limited

The Tsk Group Limited, based in Salford Quays, UK, is a holding company with a 29-year history and a solid 4.0 Google rating from 13 reviews. Employing 72 people, the company operates from a real address and is overseen by six directors and one owner. It's an active business, regularly importing and exporting furniture, lighting, and prefabricated buildings—82 months of imports and 7 months of exports recorded.

Beyond its role as a holding company, The Tsk Group Limited functions as a workplace transformation partner for leading brands. Its website highlights a comprehensive suite of services, including strategy, design, build, activation, and evolution, catering to diverse sectors like insurance, retail, and healthcare. The company doesn’s appear to be an e-commerce business, but rather offers design and build services. They focus on creating optimized, people-first workplaces with a focus on hybrid work models and sustainability.

Financially, The Tsk Group Limited shows some interesting trends. Accrued liabilities and deferred income increased significantly by 44%, while bank borrowings dropped to zero. Cash and cash equivalents grew by 12% to £11 million, a positive sign. However, net losses deepened to £1.2 million, and trade debtors ballooned by 89%, suggesting potential challenges with customer payments. Administrative expenses increased dramatically, by 150%, indicating higher operational costs. Despite these pressures, the company’s assets remain at £450,000. The company’s accounts were audited by Pierce C A Limited.

The company’s growth in administrative expenses and increased trade debtors could be attributed to the expansion of its services and the current economic climate. It’s likely that the company is investing in its workforce and marketing efforts to secure new contracts, but it’s important to monitor its cash flow closely.

Registered in England/Wales under the registration number 03097719, with a registered address at M50 2UW, Salford Quays, Lancashire, 130 Metroplex Business Park, Broadway.

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