Torch Direct Limited

Torch Direct Ltd, based in Sutton-In-Ashfield, UK, is a small, active company founded eleven years ago. Employing five people, the business holds £245,716 in assets and operates from a real address. With one director and owner, Torch Direct runs an e-commerce site and enjoys a stellar 5.0 Google rating based on fourteen reviews. The company regularly imports electrical machinery and equipment, with nineteen months of import activity recorded.

The website showcases a wide range of torches, lighting, and power solutions, catering to both professionals and enthusiasts. Brands like Maglite, Nitecore, and Fenix are prominently featured, alongside accessories like batteries, chargers, and multi-tools. The site also highlights a laser engraving service, adding a personal touch to purchases. It’s clear Torch Direct is focused on providing quality lighting products and accessories through its online platform.

Financially, Torch Direct Ltd shows some concerning trends. Current assets have decreased by 13%, dropping to £250,000, while net assets have fallen 8.1%, now standing at £330,000. Cash reserves have also declined, falling 13% to £82,000. Trade debtors have seen a significant decrease, down 48% to £4,000, which could be a positive sign of improved collections. However, creditors have increased by 50%, reaching £31,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity is something to watch. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Torch Direct Ltd appears to be navigating a period of financial adjustment. Its strong Google rating and diverse product range suggest a loyal customer base, but the declining equity raises questions about its long-term stability.

Registered in England/Wales under the registration number 08737876, with a registered address at NG17 2HU, Sutton-In-Ashfield, Nottinghamshire, Unit 3 Nunn Brook Road, Huthwaite.

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