Tiger Supplies Limited

Tiger Supplies Ltd, based in Leytonstone, UK, is a well-established company with a 22-year history, currently employing 75 people. The company boasts substantial assets of £14,880,310 and generates an impressive £22,054,098 in yearly revenue. Despite this, the company operates from a virtual address, a detail flagged by the report, as 203 companies are registered at the same location. It’s managed by five directors and has one owner, Payne Laurence David, who is also the solo founder. Tiger Supplies runs an e-commerce site and maintains a 3.0 Google rating based on 27 reviews. The company imports virtually nothing (just one month of imports recorded in 2020) and exports clothing and accessories for two months in 2019.

The company’s core business is supplying personal protective equipment (PPE) and site supplies, as highlighted on its website. It offers a wide range of products, from high-visibility workwear to fire extinguishers, ladders, and safety signage, catering to commercial and industrial customers. The website emphasizes competitive pricing, a 30-day return policy, and fast customer support.

Financially, Tiger Supplies Ltd shows some concerning trends. Accrued liabilities and deferred income have risen significantly, increasing by 61.0% to £2,900,000. Cash and cash equivalents, however, have jumped dramatically, rising by 39.0% to £560,000. Administrative expenses have also increased by 14.0%, reaching £5,000,000. While turnover is strong, the rising liabilities and administrative costs suggest the company may be burning through cash, despite the increase in cash reserves. The company’s average number of employees has decreased by 12%, falling to 66, which could be related to cost-cutting measures. The company’s auditor, Barnes Roffe LLP, hasn’t reported any significant issues, but the financial data warrants closer monitoring.

Registered in England/Wales under the registration number 04532349, with a registered address at E11 1GA, England, Leytonstone, London, Leytonstone House, 3 Hanbury Drive.

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