Toureen Retail Limited

Toureen Retail Ltd from Watford UK: a small holding company with an active status, was founded 30 years ago in 1994. The company employs 18 people and holds assets valued at £6,665,788. It has a real address, is managed by three directors and owned by Trl Holdings Ltd, and boasts a Google rating of 4.0 based on 29 reviews. Toureen Retail is a regular importer of furniture, lighting, and prefabricated buildings, with 23 months of import activity recorded.

The company operates as a construction firm, offering services ranging from civils and groundworks to retail and petroleum installations. Its website highlights award-winning construction services and a commitment to integrated expertise. Toureen Group, as it’s known, has a physical office in Harrow, Middlesex, and emphasizes its ability to deliver complex construction solutions. It's a modern business, using cookies to improve the user experience and offering services like EV and hydrogen installations.

Financially, Toureen Retail Ltd’s numbers show some interesting shifts. Creditors have increased significantly, jumping 440% to £3.6 million, while cash reserves have fallen 30% to £4.2 million. Bank borrowings have also increased, though not as dramatically. Net assets, however, have only increased slightly, just 5.4% to £3.1 million. Debtor values have decreased by 7.7%, which could be a sign of better cashflow management. The company meets the criteria to be classified as small, with a turnover under £10.2 million and fewer than 50 employees. The accounts are unaudited, likely due to its small size.

Despite these changes, Toureen Retail Ltd appears to be holding its own, leveraging its experience and diverse service offerings. The increase in creditors, however, suggests a need to monitor cashflow closely.

Registered in England/Wales under the registration number 02958682, with a registered address at WD7 7AR, United Kingdom, Radlett, 13 Beaumont Gate Shenley Hill.

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