Toorak Limited

Toorak Ltd from Bromsgrove UK: a small, active company founded 17 years ago, employs nine people, and holds £585,008 in assets. It's a family business with three directors and two owners, operating from a real address. Toorak is a regular importer of plastics and plastic products (seven months) and a regular exporter of aluminum and aluminum products (ten months).

The company specializes in anticorrosion packaging solutions, acting as the sole UK supplier for INTERCEPT Technology. Its website details a range of services, from bespoke packaging design and onsite packing to repair and maintenance, catering to industries like aerospace, automotive, energy, and oil & gas. They even handle large-scale projects, like wrapping fuel tanks and restoring classic cars. It's a pretty impressive range of work for a small business.

Financially, Toorak Ltd shows some interesting trends. Current assets increased by a significant 160%, reaching £590,000, while net assets also grew, jumping 68% to £37,000. Bank borrowings have risen sharply, increasing by 230%, to £230,000, and cash reserves have increased by 380% to £160,000. Creditors also increased, rising 210% to £240,000. The company meets the criteria for being a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, likely due to its small size and exemption from an audit.

The increased borrowings and creditors, while concerning, could be linked to the company's growth and investment in its services. It seems like Toorak Ltd is expanding its operations, and while it’s facing some financial pressure, it's also showing signs of a healthy, growing business.

Registered in England/Wales under the registration number 06375856, with a registered address at B60 4AL, United Kingdom, Bromsgrove, Curo House Greenbox, Westonhall Road, Stoke Prior.

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