Trans Pacific Limited

Trans Pacific Limited is a small, active company based in Liverpool, UK, founded nineteen years ago in 2005. With just two employees and £20,187 in assets, it's a family-run business with three directors and two owners. The company operates in the wholesale of household goods and specialised design activities, and boasts a perfect 5.0 Google rating from a single review. It’s an irregular importer, with its top import category being Miscellaneous manufactured goods, imported for just two months, the last operation in December 2017.

The company’s website, Trans Pacific Assurance, focuses on insurance services in Papua New Guinea. It offers home, motor, medical, and business insurance, catering to both individuals and organisations. The site prominently displays contact information and a free quote form, alongside testimonials and details on its agents. It seems like they are really trying to make a good impression.

Financially, Trans Pacific Limited's numbers paint a concerning picture. Current assets have plummeted by a staggering 88%, dropping to just £20,000, while net assets have also fallen dramatically by 79%, now standing at £17,000. Cash reserves have also taken a hit, decreasing by 88% to £20,000. Trade creditors have also decreased, which is a good sign, but bank borrowings have increased significantly. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's nimble, but the sharp decline in equity and cash is a worry. No auditor is mentioned, so the figures are unaudited.

Overall, Trans Pacific Limited appears to be facing financial headwinds. While its insurance services seem well-established, the company needs to address these concerning trends to ensure its long-term sustainability.

Registered in England/Wales under the registration number 05472311, with a registered address at L18 0HN, United Kingdom, Liverpool, 15 Sinclair Drive.

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