Treniq Ltd

Treniq Ltd from Tadworth UK: a small, active company founded 10 years ago, employs just one person, and holds £79,060 in assets. It has two directors and one owner, and boasts a stellar 5.0 Google rating based on five reviews. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, Treniq Ltd, focuses on furniture, specifically acting as a wholesaler. It's a private limited company registered in England/Wales, with a real registered address. The company’s associated website, Treniq, showcases a wide range of furniture, indicating a focus on wholesale distribution rather than direct consumer sales. While the website is professionally designed, it lacks detailed information about the company’s history or team, which is not unusual for a wholesaler.

Financially, Treniq Ltd's recent performance paints a mixed picture. Current assets have decreased by a significant 27%, dropping to £79,000. Bank borrowings have also fallen considerably, down 58% to £7,700, and cash reserves have increased by a healthy 28% to £61,000. However, equity has also declined, falling 59% to £1,300. Trade debtors have plummeted by a dramatic 87%, suggesting a possible shift in payment terms or a reduction in outstanding invoices. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it likely avoids more rigorous financial scrutiny. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

Overall, Treniq Ltd appears to be navigating a period of adjustment. While cash reserves are up, the decline in equity and the large drop in debtors suggest potential challenges. The company’s focus on wholesale furniture distribution, combined with its lean operational structure, likely contributes to its financial profile.

Registered in England/Wales under the registration number 09099145, with a registered address at KT20 6LZ, England, Tadworth, Whispering Willows Sandy Lane, Kingswood.

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