Triax Uk Limited

  • Large
  • Active
  • 37 years
  • 38 employees
  • £3,829,027 (assets)
  • £8,687,324 (revenue)
  • Real address
  • 4 directors
  • 1 owner
  • Regular importer
  • Regular exporter
  • Solo founder
  • E-commerce

Field of Operation

Wholesale of radio, television goods & electrical household appliances (other than records, tapes, CD's & video tapes and the equipment used for playing them)
46439 1822 companies

Website

triax.com↗

Social media

linkedin↗ instagram↗ facebook↗ youtube↗

Phones

01443778908

Summary

Triax UK Ltd, based in Mid Glamorgan, is a large, active company established 37 years ago. With 38 employees and £3,829,027 in assets, it’s a significant player, generating £8,687,324 in revenue annually. The company, owned by Vaughan Glenn, operates with four directors and has a real address, indicating a solid presence. It's also an e-commerce site, showcasing a modern approach to business.

Classified as a large company, Triax UK Ltd meets two out of three criteria: turnover exceeding £36 million and a balance sheet total surpassing £18 million. It’s a regular importer and exporter of electrical machinery and equipment, with 1015 months of import activity and 474 months of export activity.

The company’s financial picture reveals some interesting trends. While cash and cash equivalents increased significantly, from £49,000 to £470,000, bank borrowings remained steady at £1.3 million. However, accrued liabilities and deferred income increased by 38%, reaching £930,000. Depreciation on plant and machinery decreased considerably, suggesting less investment in equipment. The company’s net assets also declined, from £1.7 million to £1.4 million.

The company’s auditor, Meadows & Co Limited, has provided an unqualified opinion on the accounts. It seems that the company is financially stable, but the increase in liabilities warrants a closer look. The company’s focus on importing and exporting electrical equipment, combined with its e-commerce presence, suggests a business well-positioned in a growing market. However, the recent financial trends indicate a need for careful management to ensure long-term success.

Registered in England/Wales under the registration number 02213714, with a registered address at CF42 6DL, Mid Glamorgan, Unit 14 Abergorki Ind Est, Treorchy.

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

Full overview report

Owners & PSC

  • Vaughan Glenn
  • 9 years
  • 1
  • 75%+

Managers

Director
Director
  • Richards Michael David
  • 1 year
  • 2
Secretary
  • Vaughan Glenn
  • 15 years
  • 1
Managing director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Satisfaction of charge 022137140004 in full
  2. Satisfaction of charge 022137140003 in full
  3. Confirmation statement made on 2024-07-12 with no updates

Importer profile by HS codes

Last imported products

All imported products

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Vis Security Solutions Ltd
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Leisuretec Distribution Ltd
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Airco Refrigeration And Airconditioning Ltd
imports electrical machinery and equipment
  • Large
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  • 27 years
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Trac International Ltd
imports electrical machinery and equipment
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  • 26 years
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Exporter profile by HS codes

Last exported products

All exported products

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Saturnalia Trading Ltd
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Radiocoms Systems Ltd
exports electrical machinery and equipment
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Convergent Av Ltd
exports electrical machinery and equipment
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Uk Electronic Cigarette Ltd
exports electrical machinery and equipment
  • Small
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  • 12 years
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  • Family business

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