Tieval Limited

Tieval Limited, based in Ross-On-Wye, UK, is a small holding company with an active status, having been founded eleven years ago in 2013. With ten employees and £653,363 in assets, it operates from a real address at 12 Blackthorn Close. The company is led by two directors and owned by two individuals, with a solo founder at its core. Tieval Limited’s business involves the irregular import of optical and medical tools and devices (just one month of activity recorded in 2022) and the regular export of the same items (thirty-one months of activity, most recently in October 2024). It’s also involved in the repair of other equipment.

The company's website is non-existent, making it difficult to determine if it operates an e-commerce platform or relies solely on wholesale relationships. Its activities appear to be business-to-business rather than direct-to-consumer.

Financially, Tieval Limited’s situation presents a mixed picture. Current assets have declined significantly by 36% to £650,000, while net assets have fallen by 33% to £540,000. Bank borrowings remain consistent, and cash reserves have increased by 44% to £420,000. Trade debtors have plummeted by 73%, suggesting improved collection rates or reduced credit sales. However, the decrease in intangible assets—down 70%—is notable, and the increase in accumulated depreciation on plant and machinery is also something to keep an eye on. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 30 employees. There is no mention of an auditor, which is common for small, exempt companies.

The decline in assets and equity, while concerning, could be due to strategic investments or changes in business operations. The increased cash reserves suggest the company is managing its liquidity well. The decrease in debtors is a positive sign, but the reduction in intangible assets warrants further investigation. Overall, Tieval Limited appears to be navigating a period of change, and its long-term success will depend on its ability to adapt to evolving market conditions and maintain its financial stability.

Registered in England/Wales under the registration number 08665662, with a registered address at HR9 7JT, Ross-On-Wye, 12 Blackthorn Close.

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