Trailertek Limited

Trailertek Ltd, based in Winchester, UK, is a small holding company with an active status, having been established 36 years ago. Currently, confirmation is overdue by one month. The company employs five people and holds assets totaling £1,593,017. It operates from a real address and is overseen by three directors and one owner, and runs an e-commerce site. Trailertek regularly imports vehicles, parts, and accessories (excluding trains and trams), with 6 months of import activity recorded, the latest in July 2024. Export activity is less frequent, with just 1 month of exports recorded as of February 3, 2022.

The company’s core business involves the retail trade of motor vehicle parts and accessories. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The website, while not detailed, suggests a focus on online sales and distribution.

Financially, Trailertek Ltd presents a mixed picture. While current assets increased slightly to £1,600,000, net assets decreased by 9.2% to £1,000,000. Bank borrowings decreased by 30% to £24,000, and cash reserves dropped by 56% to £16,000. Creditors increased by 38% to £600,000, and trade debtors rose significantly by 170% to £54,000. The decrease in cash reserves, combined with the increase in creditors, suggests the company may be burning through money faster than it’s bringing it in, though it’s important to note that these are unaudited figures. The company is exempt from an audit as a small company.

The decline in equity, despite increased trade debtors, could indicate challenges in collecting payments or a shift in business strategy. It’s also worth noting that the company’s average number of employees decreased by 100% to zero, which could be due to temporary staffing changes or a restructuring of operations.

Registered in England/Wales under the registration number 02353072, with a registered address at SO21 3AS, England, Winchester, The Barn, Warren Farm Andover Road, Micheldever Station.

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