Thx Ltd

Thx Ltd, based in Great Barford, UK, is a medium-sized holding company with an active status. Established fourteen years ago in 2010, the company employs sixty people and manages assets totaling £4,110,057. Its yearly revenue reaches £12,112,706, demonstrating a healthy business operation. The company has two directors and one owner, and boasts a stellar 5.0 Google rating from sixty-three reviews. Thx Ltd is a regular importer of machinery, boilers, and mechanical appliances, with nineteen months of import activity recorded.

The company operates in the renting and leasing of construction and civil engineering machinery and equipment. Its website highlights a focus on specialist contractors, offering a "360 Live Hire" account portal for efficient management. Thx Ltd emphasizes on-time deliveries, a young and reliable fleet (with 98.9% reliability), and transparent performance metrics. The site also promotes its commitment to sustainability, being carbon neutral and FORS Gold accredited.

Financially, Thx Ltd presents a mixed picture. While turnover increased by a respectable 24%, the company’s net assets decreased significantly by 20%, dropping to £7,100,000. Bank borrowings increased by 180%, reaching £790,000, while cash reserves declined by 20% to £1,200,000. Trade debtors increased by 20%, suggesting a possible reliance on customer payments. The company’s small size (meeting two of three criteria for a medium company) allows for agility, but the equity drop warrants closer scrutiny. No auditor is mentioned, likely due to the company’s size.

The increase in administrative expenses by 56% may be a factor in the reduced net profit, and the drop in cash reserves could indicate a need for careful financial management. Overall, Thx Ltd appears to be a well-regarded company with a strong focus on customer service and a young, reliable fleet, but its financial performance suggests some challenges that need to be addressed.

Registered in England/Wales under the registration number 07279384, with a registered address at MK44 3LH, England, Great Barford, Bedford, New Road.

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