Tp24 Limited

Tp24 Ltd from Chatteris UK is a small, active company founded 22 years ago in 2002. With seven employees and £836,089 in assets, it’s a family business operating from a real address and overseen by six directors and two owners. The company boasts a respectable Google rating of 4.0 based on 20 reviews, and it’s a regular importer, though its top import category is listed as “None” with 47 months of import activity.

The company’s website, tp24.com, showcases a range of lighting fittings, from pendants and spotlights to outdoor lighting and accessories. It’s clear that tp24.com is an e-commerce site, offering products for sale online and providing detailed product information. The site emphasizes customer service, offering a range of contact options and a dedicated outlet section. It also provides useful information like downlight advice and building regulations, suggesting a focus on customer education and support.

Financially, Tp24 Ltd presents a mixed picture. Current assets have decreased by 5.9% to £800,000, while net assets have fallen by 5.3% to £820,000. Cash reserves have also declined, dropping 13% to £320,000. However, trade debtors have seen a significant decrease, falling 35% to £38,000, which could indicate improved collection practices. Bank borrowings have increased, though, rising by 2,400% to £29,000. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the decline in equity raises questions about its long-term financial health. As a small company, it’s exempt from a full audit, so the financial statements are unaudited.

Overall, Tp24 Ltd appears to be navigating a period of change. While its e-commerce presence is strong, the financial data suggests a need for careful management to ensure sustainable growth.

Registered in England/Wales under the registration number 04463831, with a registered address at PE16 6AG, Chatteris, Cambridgeshire, Seymour House, 12 Station Road.

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