Tierco Ltd

Tierco Ltd from Limavady UK: small company, holding company, active status, founded 4 years ago, 4 employees, £370,567 assets, real address, 4 directors, 1 owner. Irregular importer of special woven and decorative fabrics (2 months imported). Tierco Ltd is a private limited company registered in Northern Ireland with the registration number NI670156. Founded four years ago on June 11, 2020, it’s based at BT49 9JG, Northern Ireland, Limavady, 131 Carnamuff Road, Ballykelly. The address is probably real as only seven companies registered at the same address. Its status is active. Officially, it has one owner, four directors, and four employees.

Tierco Ltd operates as part of Tierco Healthcare Group, specializing in bathing, toileting, and hygiene solutions for healthcare environments. The company’s website highlights its focus on comfort, safety, and dignity, offering products like shower chairs, bathing cradles, and toileting equipment. It caters to professionals worldwide, with a new line of equipment recently launched. The company's website, Tierco by Seating Matters, is a modern e-commerce platform showcasing these products.

Financially, Tierco Ltd presents a mixed picture. Current assets have decreased significantly by 59%, dropping to £370,000. Bank borrowings have also increased, and cash reserves have fallen. However, creditors have decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility. The substantial decrease in net assets, however, raises questions about the company’s long-term financial health. With no auditor mentioned, the figures rely on unaudited statements.

The company's irregular import activity, with only two months of special woven and decorative fabric imports recorded, suggests a niche market focus. The last import operation occurred in November 2021. It's clear that Tierco Ltd is a small operation facing some financial pressures, but its focus on a specialized healthcare market could provide a path to stability.

Registered in Northern Ireland under the registration number NI670156, with a registered address at BT49 9JG, Northern Ireland, Limavady, 131 Carnamuff Road, Ballykelly.

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