Tranik House Limited

Tranik House Limited is a small, active company based in Sidmouth, UK, established 31 years ago. With four employees and £1,985 in assets, it operates as an e-commerce business selling doors and related hardware. The company has four directors and three owners, and its real address is registered at 1 The Old Sawmills.

The company’s website, Tranik House, showcases a wide range of doors—from grooved and flush designs to fire-rated options—catering to both residential and commercial customers. It offers various styles, materials (like oak, white, and walnut), and glazing options. The site also features a hardware section with trade brands and a focus on competitive pricing and customer service. The website’s design is a little dated, but the product range is extensive, and the site is well-organized.

Financially, Tranik House Limited presents a mixed picture. Current assets have significantly decreased by 75%, falling to £2,000, while net assets have also declined by 39%, reaching -£95,000. Bank borrowings have remained stable, but cash reserves have plummeted 69%, dropping to £1,800. Creditors have increased by 16%, reaching £110,000. The company's small size—meeting two of three conditions for a small company—allows for agility, but the sharp decline in equity is concerning. The company’s directors signing the financial statements, and the statement that accounts have been prepared in accordance with provisions small companies regime, are noted. With no auditor mentioned, the figures are unaudited.

While the e-commerce side appears to be functioning, the financials suggest the company is burning through money. Whether this is a temporary blip or a longer-term challenge remains to be seen—but for now, Tranik House Limited is relying on its established product range and online presence to navigate these financial pressures.

Registered in England/Wales under the registration number 02865284, with a registered address at EX10 0HP, England, Sidmouth, Devon, 1 The Old Sawmills.

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