T.i.p.c.i Group Limited

Tipci Group Ltd, based in Portsmouth, UK, is a small, active company founded nine years ago. With 16 employees and £488,212 in assets, it's a solo-founded operation managed by a single director and owner, Hoare Michele. The company maintains a real address and boasts a stellar 5.0 Google rating from seven reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with four months of import activity recorded.

The company’s website, Tipci, positions itself as a specialist in pallet solutions, offering everything from new pallets to refurbishment and efficient delivery services. They even supply major UK manufacturers like Lush and have fulfilled deliveries throughout Europe. Tipci emphasizes sustainable practices, recycling over a million wooden pallets annually, and provides a range of services including pallet supply, refurbishment, and even disaster recovery for damaged pianos. The website also mentions partnerships with companies like Portico Shipping and Linde MH.

Financially, Tipci Group Ltd presents a mixed picture. Current assets have decreased by 25%, dropping to £490,000, while net assets have fallen by 13%, settling at £200,000. Bank borrowings have remained stable at £180,000, but cash reserves have significantly declined by 84%, leaving just £18,000. Creditors have also decreased by 31%, suggesting improved debt management. 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 agility, but the decline in equity and cash raises questions. No auditor is mentioned, likely due to the company's exemption as a small entity.

Overall, Tipci Group Ltd appears to be navigating a period of financial adjustment. While its pallet business seems to be thriving, the company's bottom line is facing some pressure. Whether it can maintain its growth trajectory remains to be seen, but its focus on sustainability and customer service provides a solid foundation for the future.

Registered in England/Wales under the registration number 10177455, with a registered address at PO3 5NQ, England, Portsmouth, Hampshire, Unit 8-9 Claybank Road.

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