Transgate Ltd

Transgate Ltd, based in Leicester, UK, is a small, active holding company established 24 years ago. With six employees and £502,711 in assets, the company operates from a real address and is overseen by three directors and one owner. It's a regular importer of aluminum and aluminum products, with 11 months of import activity recorded, and has recently begun exporting these same products for three months.

The company's website reveals a focus on packaging solutions for the catering industry. Transgate Ltd offers a wide range of disposables, including aluminum foil, plastics, paper, polystyrene, polythene, and party supplies. The website emphasizes quality, durability, and customer satisfaction, highlighting its own branded and generic packaging options. It even boasts 30 years of experience in the industry and 1000’s of satisfied customers.

Financially, Transgate Ltd’s recent performance shows some concerning trends. Cash bank on hand has fallen significantly, dropping 63% to £100,000, and net assets have also declined by 32%, settling at £200,000. While trade debtors have decreased by 14%, creditors have also fallen by 27%, which could indicate improved debt management. However, the sharp decline in equity is a cause for concern. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the drop in equity suggests potential financial strain. No auditor is mentioned, which is common for small, exempt companies.

Overall, Transgate Ltd appears to be navigating a period of change. While its packaging business seems well-established, the financial data indicates a need for careful management and a focus on maintaining profitability.

Registered in England/Wales under the registration number 04204628, with a registered address at LE5 0DW, Leicester, Unit 6 55 Forest Road, Bridgeport Business Park.

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