Tmg Alloy Wheels Ltd

Tmg Alloy Wheels Ltd, based in Co Tyrone, UK, is a small holding company with an active status, celebrating 20 years since its founding in 2004. Employing just four people, the company holds £743,659 in assets and operates from a real address at 23-25 Main Street, Fintona. With three directors and one owner, it maintains a stellar 5.0 Google rating based on 20 reviews. The company’s primary activity involves the wholesale trade of motor vehicle parts and accessories, and it acts as an irregular importer of furniture, lighting, and prefabricated buildings, with a recent import operation recorded in June 2024.

The company’s website showcases a range of alloy wheels, categorized by style, fitment, and finish. Featured products include 18" Revolution Millennium alloy wheels, C1 style wheels, and various staggered designs in black, bronze, and gunmetal finishes. The site functions as an e-commerce platform, allowing customers to browse products, view specifications, and presumably place orders—though direct purchasing isn’s immediately apparent. The site also includes a gallery and contact information.

Financially, Tmg Alloy Wheels Ltd presents a mixed picture. While current assets increased slightly to £740,000, cash bank on hand decreased significantly by 21% to £180,000. Trade debtors have also risen by 32%, suggesting a need to manage customer payments. On a positive note, creditors decreased by 5%, and equity grew by 12%, indicating improved financial stability. The company’s small size—meeting two of three criteria for being a small company—helps it remain agile, but the increase in bank borrowings by 5% is something to watch. The unaudited accounts, prepared by Claremount, rely on director-reported data.

Overall, Tmg Alloy Wheels Ltd appears to be a small, well-regarded business navigating the challenges of the alloy wheel market. While the company’s financial performance shows some strain, its strong Google rating and active e-commerce presence suggest a solid foundation for future growth.

Registered in Northern Ireland under the registration number NI052267, with a registered address at BT78 2AA, Co Tyrone, 23-25 Main Street, Fintona.

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