Tpn Groep Ltd

TPN Groep Ltd, based in Battersea, London, is a small, active company founded seven years ago in 2018. With two employees and £121,647 in assets, it operates from a real address and is managed by one director and owner, Khan Iftakhar. The company regularly imports jewelry, precious stones, and metals—a consistent 89-month activity—with the last import occurring in January 2025. Its business model centers on non-specialised wholesale trade and retail sales via mail order and internet, as evidenced by its website.

The website, TPN. We are THE Pallet Network, reveals a much larger operation. TPN functions as a collaborative logistics network, connecting almost 125 partner companies—top regional transport firms—across the UK. It boasts award-winning service levels and positions itself as the UK's leading example of collaborative logistics, prioritizing partner success and customer service. The site highlights various services, including TPN XL, TPN XPort, and TPN IT Connect, catering to pallet distribution needs across the UK, Ireland, and Europe. Recent news items showcase partnerships and expansions within the network, demonstrating ongoing growth and activity.

Financially, TPN Groep Ltd presents a concerning picture. Net assets have plummeted 82% to just £36,000, a significant drop from £200,000 just a year prior. Cash reserves have also suffered, falling 62% to £16,000. Trade debtors have decreased considerably, down 49%, but creditors have increased, rising to £54,000. The number of employees has increased slightly, from two to three, a 50% increase. It's worth noting that the company is exempt from an audit and prepares abridged accounts, relying on director-reported data. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises questions about its long-term financial stability.

Registered in England/Wales under the registration number 11238511, with a registered address at SW11 3BY, Battersea, London, Penhurst House, 352 Battersea Park Road.

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