Tractamus Ltd

Tractamus Ltd from Richmond UK: small company, active status, founded 7 years ago, 3 employees, £353,463 assets, real address, 1 director, 2 owners, family business. Regular importer of wood and wood products (51 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other construction installation industries. Officially, it has two owners or PSCs, one director, and three employees.

While the company’s website is currently unavailable, the financial data paints a complex picture. Tractamus Ltd’s current assets have decreased by nearly 9%, dropping to £350,000. Equity has also taken a hit, declining by 26% to £100,000, and net assets have fallen to £100,000. Cash reserves have dramatically shrunk, plummeting 100% to a mere £9, a significant change. Interestingly, debtors have increased by a substantial 29%, which could be a sign of increased sales or potentially delayed payments. Creditors have also risen, with both short-term and long-term obligations increasing. The company’s fixed assets have seen a remarkable increase of 360%, likely due to investments in equipment or property.

Despite the concerning decline in cash, the increase in fixed assets suggests the company may be investing in its future. The rise in debtors could indicate growing sales, but it's also worth investigating whether the company is struggling to collect payments. The family-run nature of the business and its focus on importing wood and wood products—with a history of 51 months of import activity—suggests a stable, albeit potentially vulnerable, business model. No auditor is mentioned, which is common for small companies, meaning the financial statements are unaudited. It’s likely that the company is facing some financial challenges, but its investments and import history indicate a desire to continue operating.

Registered in England/Wales under the registration number 10932491, with a registered address at TW10 7HA, England, Richmond, The Cottage Mews The Manor House, Ham Street.

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