Torqen Ltd
- Small
- Active
- 10 years
- 3 employees
- Real address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Torqen Ltd from Pitstone UK: a small, active company founded 10 years ago, employs three people, and has a real address. It’s a solo founder’s venture, overseen by one director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 94 months of import activity recorded, the last in December 01, 2024. Export activity is irregular, spanning just two months, the last in January 01, 2025, also involving vehicles, parts, and accessories.
The company operates in the retail trade of motor vehicle parts and accessories industries, and it's a regular importer, with its top import category being Vehicles, parts, and accessories (not for trains or trams), totaling 94 months of imports. The company is a irregular exporter, with its top export categories including Vehicles, parts, and accessories (not for trains or trams), totaling 2 of months exports.
Unfortunately, Torqen Ltd's website is unavailable, so it’s impossible to determine if it operates as an e-commerce business or serves clients directly.
Financially, Torqen Ltd’s situation is concerning. Net assets liabilities have plummeted from -£710 to -£30,000, a dramatic 4200% decline. Fixed assets have disappeared completely, dropping 100% to zero. While prepayments and accrued income have slightly increased, this doesn’t offset the significant losses. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited. It's possible the company is burning through cash to invest in inventory or marketing, but the scale of the decline suggests a deeper problem. The company’s description of “This company sells stuff to other companies” is a bit vague, and the lack of detail makes it hard to assess its business model.
Registered in England/Wales under the registration number 09367435, with a registered address at LU7 9GW, England, Pitstone, Leighton Buzzard, Unit 3 Quarry Road, Pitstone Green Business Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-03-06 with updatesDownload 5 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 8 pages pdf report
-
Confirmation statement made on 2024-03-06 with updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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Similar exporters
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FAQ about Torqen Ltd
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