Tri County Golf Cars Limited

Tri County Golf Cars Ltd from Canterbury UK is a small, active company founded fifteen years ago. With just two employees and £265,411 in assets, it operates from a virtual address, managed by two directors and a solo founder. The company runs an e-commerce site and has a Google rating of 3.0 based on two reviews. It’s a regular importer of vehicles, parts, and accessories (not for trains or trams), with seven months of import activity recorded.

The company's website showcases a range of golf carts, utility vehicles, and hospitality transportation options, partnering with Ernest Doe Sons to distribute products across Sussex, Surrey, and beyond. It specializes in EZGO, Cushman, and HiSun vehicles, offering parts, servicing, and repairs. The website highlights customer testimonials and provides contact information for sales representatives. It's clear the business is focused on providing quality golf carts and related services to a regional market.

Financially, Tri County Golf Cars Ltd presents a mixed picture. While current assets grew by 36% to £270,000, net assets plunged 130% to -£87,000 – a significant downturn. Bank borrowings increased by 34%, reaching £43,000, and cash reserves plummeted 84% to just £540. Creditors also rose considerably, increasing by 13% to £44,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests financial strain. The company is exempt from an audit as a small company, so the figures are unaudited.

The sharp decrease in equity and cash reserves, coupled with rising debt, raises concerns about the company’s financial health. While the e-commerce presence and regional distribution network appear solid, Tri County Golf Cars Ltd will need to address these financial challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 07027533, with a registered address at CT1 3DN, United Kingdom, Canterbury, Kent, Camburgh House, 27 New Dover Road.

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