Thornycroft Limited

Thornycroft Ltd from Poole UK: a small, active company founded thirteen years ago, employs three people, and holds £873,538 in assets. With two directors and one owner, it's a compact operation. The company regularly imports sugars and sweets, with a history of 34 months of import activity, the latest being February 2025.

The company’s website is currently under construction, with a simple copyright notice and contact details. It’s clear that Thornycroft Ltd is focusing on its core business rather than a flashy online presence. The company operates in the wholesale of sugar and chocolate and sugar confectionery industries.

Financial data reveals a mixed picture. Accumulated depreciation for land and buildings increased by 11%, while depreciation for other property plant equipment dropped significantly by 72%. Bank borrowings have increased to £76,000, while cash reserves have vanished completely. Creditors have risen by 44%, and debtors have increased by 37%. Equity has fallen by 60%, which is a worrying trend. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the decrease in equity suggests a need for careful financial management. The lack of an auditor mentioned indicates that the company is likely exempt from an audit.

Overall, Thornycroft Ltd appears to be facing financial pressures. The increase in debt and decrease in equity suggest that the company is burning through money. It's possible that the company is struggling to manage its cash flow, or that it is investing heavily in its business. The company's long history of importing sugars and sweets suggests that it has a stable customer base, but the financial data suggests that the company needs to take steps to improve its financial health.

Registered in England/Wales under the registration number 07712682, with a registered address at BH13 7DQ, England, Poole, Dorset, 3 Martello Road.

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