Tms Mining Ltd

Tms Mining Ltd from London UK: a small, active company founded four years ago, employs just two people, and holds £2,937,383 in assets. It operates from a virtual address, managed by two directors and two owners—a family business. The company regularly imports machinery, boilers, and mechanical appliances parts, with nine months of import activity, and exports the same items, boasting sixty-two months of export activity.

The company’s website, TMS Mining, positions itself as a global provider of solutions for mining, construction, transportation, and agriculture. It specializes in supplying genuine and cost-efficient parts for mining equipment, offering customized packages for construction, and providing a wide range of spare parts for trucks and machinery. TMS Mining distributes over 30,000 branded products from leading manufacturers like Caterpillar, Volvo, and Komatsu. It caters to various industries, including mining, construction, transportation, and agriculture, offering parts for trucks, forklifts, excavators, earthmovers, and mining machines.

Financially, Tms Mining Ltd presents a mixed picture. While cash reserves increased by a healthy 40% to £1,600,000, net assets declined by a significant 64% to £99,000. Trade debtors have increased dramatically by 910%, reaching £1,100,000, which could indicate challenges in collecting payments or a strategy to offer more credit. Creditors also increased substantially by 160%, reaching £2,800,000, suggesting increased reliance on borrowing. Despite this, the company’s small size—meeting two of three conditions for being a small company—allows it to remain nimble. There's no mention of an auditor, likely due to its status as a small company. The company's reliance on debtors is something to keep an eye on.

Registered in England/Wales under the registration number 12845789, with a registered address at WC2H 9JQ, United Kingdom, London, Greater London, 71-75 Shelton Street.

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