Tlg Uk Services Ltd

TLG Services Ltd, based in London, UK, is a large, active company founded seven years ago. Despite having just one employee, it holds significant assets of £3,397,105 and generates substantial revenue of £27,670,203 annually. The company operates from a virtual address, a detail flagged by the presence of 854 other companies registered at the same location. It's led by a single director and owned by Ciccoli Andrea, with Alan Michael Rhode serving as director.

The company’s core business, as detailed on its website, is providing business consulting services, focusing on environmental protection, IT services, and small to medium-sized businesses. TLG Services offers a range of services, including business development, management consulting, and IT support, with options like website hosting and design available. It regularly imports and exports clothing and accessories, not knitted or crocheted, with a long history of activity in both areas.

However, a review of TLG Services’ financial data reveals a concerning trend. While turnover remains substantial at £28 million, net losses have deepened significantly, reaching -£230,000. Cash reserves have plummeted by 98%, leaving just £120,000 remaining. Bank borrowings have increased dramatically, and trade debtors have ballooned, indicating potential payment issues. Creditors have also risen, suggesting increased short-term debt. Despite these challenges, administrative expenses have increased by 170%, which is a worrying sign. The company’s assets have decreased by 74%, which is a large drop.

The lack of auditor information suggests the company is exempt from an audit, relying on unaudited financial statements. While TLG Services’ consulting services appear to be ongoing, the financial data paints a picture of a company struggling to manage its finances. Whether this is a temporary setback or a more fundamental issue remains to be seen, but it suggests a need for careful financial management.

Registered in England/Wales under the registration number 11207272, with a registered address at WC2B 5AH, United Kingdom, London, 16 Great Queen Street, Covent Garden.

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