Torq Limited

Torq Limited, based in Welshpool, UK, is a small holding company with an active status, celebrating 25 years since its founding in 2000. Employing nine people and holding £674,031 in assets, the company operates from a real address and is overseen by three directors and a single owner. It maintains an e-commerce site and engages in both import and export activities. It's an irregular importer of plastics and plastic products, with just one month of import activity recorded as of October 2022. However, it’s a regular exporter of miscellaneous food products, with 53 months of export activity recorded as of December 2024.

The company’s website reveals it operates in the retail sale of food in specialised stores, other retail sale not in stores, stalls or markets, and fitness facilities. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is owned by Torq Holdings Ltd. Directors include Hart Sasha Wyn, Hart Matthew John, and Hart Sasha Wyn.

Financially, Torq Limited’s recent performance presents a mixed picture. Current assets have decreased by 20%, falling to £670,000. Net assets have also declined, dropping 19% to £580,000. Bank borrowings have significantly increased by 2400%, reaching £77,000, while cash reserves have fallen 62% to £53,000. Creditors have increased by 17%, reaching £120,000. Trade debtors have decreased by 44%, falling to £59,000. Despite these challenges, the company's debt management appears to be improving, as evidenced by the decrease in creditors. The company's small size allows for agility, but the equity drop warrants closer examination. As a small company, it’s exempt from an audit, so the figures are unaudited.

In short, Torq Limited is facing some financial pressures, but its diverse activities and e-commerce presence suggest potential for continued operation.

Registered in England/Wales under the registration number 03935140, with a registered address at SY21 8EA, Welshpool, Powys, Upper Barns, Trewern.

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