Tricel (portsmouth) Limited

Tricel Portsmouth Ltd, based in Waterlooville, UK, is a sizable company with an active status, having operated for 37 years. Employing 26 people, the company holds £6,797,103 in assets and functions as a holding company. It’s overseen by five directors and one owner, and currently boasts a Google rating of 4.0 based on one review. The company regularly imports machinery, boilers, and mechanical appliances parts (four months of imports), and occasionally exports similar items (two months of exports).

The company’s website reveals a focus on water pumping solutions, with a particular emphasis on commercial building services. It offers a range of products and services, including booster pump sets, packaged pumping stations, and fire pumps. The website also highlights the company’s expertise in pump commissioning, maintenance, and emergency repair services. It’s clear they are actively trying to engage customers with a product catalogue and learning centre.

Financially, Tricel Portsmouth Ltd’s report shows a mixed picture. While net assets increased by 15% to £5.5 million, indicating overall financial health, several key metrics raise concerns. Cash bank on hand decreased by 13% to £260,000, and net losses widened to £700,000, a 2.1% decrease. Bank borrowings increased significantly by 20%, reaching £4 million, and trade debtors increased by 5.2% to £6.1 million. It’s possible that the company is investing heavily in growth, which could explain the increased borrowing and trade debtors. However, the decline in cash reserves warrants close monitoring. The company’s size (meeting two of three criteria for a large company) suggests it’s operating at a significant scale, but the fluctuating financials indicate a need for careful management. The report was audited by TC Group, which is reassuring. The company's director remuneration increased by 71%, which could be a result of increased responsibilities or performance-based incentives.

Registered in England/Wales under the registration number 02167522, with a registered address at PO7 7UP, England, Waterlooville, Hampshire, Unit 14 Arnside Road.

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