Thp Systems Ltd

Thp Systems Ltd, based in Letchworth Garden City, UK, is a small, active company founded fourteen years ago in 2010. With nine employees and £1,143,764 in assets, it operates from a real address and is overseen by four directors and two owners. The company regularly imports and exports optical and medical tools and devices, with 151 months of import activity and 35 months of export activity recorded.

The company's website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import/export activities. It appears to be operating in the "other business support service activities n.e.c." industry.

Financially, Thp Systems Ltd presents a mixed picture. Current assets have increased by a significant 44%, reaching £1.1 million, while net assets have jumped 62% to £600,000. Cash bank on hand has also seen a healthy increase of 37%, now at £640,000. However, trade debtors have ballooned by 69%, suggesting potential issues with customer payments. Liabilities have also increased, with creditors rising by 23%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in trade debtors warrants attention. The company operates under the small companies regime, meaning its accounts are unaudited. The increase in corporation tax payable is a bit concerning.

Overall, Thp Systems Ltd seems to be growing, but managing its receivables will be key to maintaining financial health.

Registered in England/Wales under the registration number 07356134, with a registered address at SG6 1LA, England, Letchworth Garden City, Hertfordshire, Unit 22 Woodside Industrial Park, Works Road.

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