Thompson Commercials Limited

Thompson Commercials Limited, based in Hull, UK, is a significant player in the commercial vehicle sector. Established 70 years ago in 1954, this active holding company employs 186 people and manages assets totaling £20.21 million, generating a yearly revenue of £90.77 million. With four directors and one owner, the company operates from a real address and regularly imports vehicles, parts, and accessories—most recently in September 2024.

The company’s website showcases a network of dealerships across the UK, offering new and used Renault and Isuzu trucks, vans, and trailers. They provide a full suite of services, including parts, leasing, and aftersales support, catering to a wide range of commercial vehicle needs. The website also highlights a commitment to electric vehicles with the Renault Trucks Etech range.

Thompson Commercials’ financial data reveals some interesting trends. While turnover increased by a healthy 32%, reaching £91 million, net assets decreased by 10% to £8.5 million. Cash reserves fell by a substantial 61% to £800,000. Bank borrowings increased by 100% to £1 million, and creditors decreased by 13%, suggesting some improvements in debt management. The company meets two of three criteria to be classified as a large company, with turnover exceeding £36 million and balance sheet total exceeding £18 million.

The significant decrease in cash reserves and increase in bank borrowings could indicate increased investment in the business or potentially, a period of tighter cash flow. The decrease in net assets, despite increased turnover, suggests that the company may be experiencing higher operating expenses. No auditor is mentioned, likely due to the company’s size, so the financial statements are unaudited. Overall, Thompson Commercials Limited appears to be a well-established company navigating the challenges of a dynamic market.

Registered in England/Wales under the registration number 00532879, with a registered address at HU3 4UQ, United Kingdom, Hull, East Yorkshire, Thompson Commercials Limited Salvesen Way, Clive Sullivan Way.

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