Tp Electrical Supplies & Fixings Limited

Tp Electrical Supplies & Fixings Ltd, based in Durham, UK, is a small, active company founded 14 years ago. With four employees and £1,111,236 in assets, it's a well-established local business. The company has a real address and is managed by one director and two owners, holding a stellar 5.0 Google rating based on two reviews. It’s a regular importer, specializing in electrical machinery and equipment, with the latest import activity recorded eleven months ago.

The company's website showcases a range of products, particularly focusing on bonding, sealing, and universal adhesive sealants. It highlights leading brands and emphasizes next-day delivery, with a vast array of suppliers ensuring efficient order fulfillment and competitive pricing. Testimonials from satisfied customers praise the online ordering system, helpful staff, and competitive prices. The company also operates a blog with recent news and updates.

Financially, Tp Electrical Supplies & Fixings Ltd shows some concerning trends. While current assets increased by 45%, net assets have seen a significant jump of 1900%, a positive sign. However, bank borrowings have decreased by 45%, and cash reserves have fallen 60%, which could indicate tighter cash flow. Trade debtors have also increased by 75%, which might be a sign of delayed payments. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, so the figures are unaudited.

Overall, Tp Electrical Supplies & Fixings Ltd seems to be a solid, well-regarded local supplier, but the declining cash reserves and rising debtors warrant closer monitoring. The company’s reliance on regular imports and its focus on customer service will be key to its continued success.

Registered in England/Wales under the registration number 07613453, with a registered address at DH1 2XL, Durham, Co Durham, 20f Beehive Workshops, Dragonville Industrial Estate.

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