Tis (nga) Limited

Tis (Nga) Limited, based in Billingham, UK, is a small, active company established nine years ago. Employing 40 people, it holds £2,246,172 in assets and operates from a real address. With five directors and two owners, the company enjoys a perfect 5.0 Google rating from one review. It’s an irregular importer of live animals, with just one month of imports recorded in September 2023.

The company’s website, Teesside Industrial Services, positions itself as a multidiscipline services provider in the North East, specializing in scaffolding, rope access, protective coatings, and insulation. They also offer industrial cleaning, rescue services, and EX electrical services, catering to sectors like oil & gas, process & energy, marine, infrastructure, and construction. The site emphasizes quality, safety, and a wide range of services, showcasing testimonials from satisfied clients.

Financially, Tis (Nga) Limited presents a mixed picture. Cash bank on hand increased by 57% to £1.1 million, while creditors surged by 66% to £1.6 million—a significant rise. Trade debtors also increased by 14% to £1.1 million. On a positive note, average number of employees grew by 55% to 62, suggesting expansion. However, the decrease in intangible assets by 100% is notable. The company meets the criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the accounts are unaudited, reflecting its exemption as a small company.

Despite the increase in debt, the company’s cash reserves remain substantial, and the expansion of its workforce suggests ongoing activity. It's clear that Tis (Nga) Limited is navigating growth while managing its financial obligations, and the increased debt could be a result of increased business activity.

Registered in England/Wales under the registration number 09850784, with a registered address at TS23 4BX, England, Billingham, Unit 15 Royce Avenue, Cowpen Lane.

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