The Turners Workshop Limited

The Turners Workshop Limited, based in Newcastle Upon Tyne, UK, is a small, active company established nine years ago. With a single employee and £280,160 in assets, it operates as an e-commerce business and holds a stellar 5.0 Google rating from 17 reviews. Owned and directed by Coates Vincent, the company's registered address is a real one, shared by just two other businesses.

The Turners Workshop Limited primarily engages in retail sales via mail order and internet, offering a range of products through its website. The site features a discount code automatically applied at checkout, and a password sign-in option. It seems they are actively trying to build a customer base.

Financially, the company presents a mixed picture. While current assets increased slightly to £280,000, net assets decreased to -£78,000, a significant drop. Bank borrowings decreased to £7,900, and cash reserves surged to £5,100, a positive sign. However, creditors rose to £360,000, suggesting an increase in short-term liabilities. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in equity is something to watch. As a small company, it's exempt from an audit, so the figures are unaudited.

It seems like The Turners Workshop Limited is navigating the challenges of a small e-commerce business, with a focus on customer satisfaction and a need to manage its liabilities.

Registered in England/Wales under the registration number 09951169, with a registered address at NE12 9SZ, United Kingdom, Newcastle Upon Tyne, 33 Bellingham Drive North Tyne Industrial Estate.

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