The Tuning-shop Ltd

The Tuning Shop Ltd from Redruth UK: small company, active status, founded 13 years ago, 7 employees, £24,383 assets, real address, 3 directors, 2 owners, family business, e-commerce site, google rating 5.0 based on 35 reviews. Regular importer of natural and modified starches, glues, and enzymes (15 months imported). 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 last reported current assets is £24,383.

The Tuning Shop Ltd operates as a retailer of DIY accessories, natural oils, and fragrances, alongside a wide range of automotive parts and chemicals. Its website showcases an extensive catalog, categorized by car make and model, offering everything from adhesives and sealants to engine parts and suspension components. It’s clear that the company caters to both professional mechanics and enthusiastic DIY enthusiasts. The site also features a section dedicated to model making supplies, highlighting a diverse range of products.

The company’s e-commerce platform is well-structured, allowing customers to easily browse products and place orders. Multiple currencies are supported, and shipping options are clearly outlined. The site also provides a searchable database of products, making it easy for customers to find what they need. It’s a professional-looking website, suggesting a commitment to providing a user-friendly online shopping experience.

Financially, The Tuning Shop Ltd has experienced some challenges. Accumulated depreciation for plant and machinery has increased by 18%, suggesting increased investment in equipment. However, bank borrowings have decreased by 28%, which is a positive sign. Despite this, the company’s average number of employees has fallen by 29%, from seven to five, which could impact its operational capacity. Creditors have also decreased, which is a good thing. It’s a bit concerning that further item creditors component total creditors has decreased by 39%, which could be a sign of a tightening of credit terms. Overall, the company’s financial health appears to be somewhat fragile, but it's still operating. The lack of an auditor mentioned is not unusual for a small company.

Registered in England/Wales under the registration number 07922617, with a registered address at TR16 5HY, England, Redruth, Cornwall, Unit 3 Plot 23 United Downs Industrial Park, St. Day.

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