Trifid Limited

Trifid Ltd from Helston UK: a small company with an active status, was founded 22 years ago. It employs four people and holds £129,032 in assets, operating from a real address. Two directors and one owner manage the business, which irregularly imports clothing and accessories – not knitted or crocheted – with the last import activity recorded just one month ago.

The company's core operations revolve around wholesale clothing and footwear, household goods, and retail sales via mail order and the internet. It’s a small business, meeting two of the three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. While a website isn's available, it’s clear the company is focused on distribution rather than direct-to-consumer sales.

Financially, Trifid Ltd presents a mixed picture. Current assets have decreased by 33% to £130,000, while net assets have fallen by 25% to -£280,000. Bank borrowings have also decreased, but cash reserves have fallen. Creditors have decreased by 20%, suggesting improved debt management. The company’s small size allows for agility, but the decline in equity is a concern. With no auditor mentioned, the financial statements are unaudited.

The company's irregular import activity, combined with the financial downturn, suggests it may be facing challenges. It’s possible the company is struggling to maintain consistent import volumes, impacting its revenue. The decrease in equity could be due to losses or increased investment. The company’s long history, however, indicates resilience, and it’s likely adapting to changing market conditions.

Registered in England/Wales under the registration number 04620232, with a registered address at TR10 9EP, Penryn, Cornwall, Purnells, 5a Kernick Industrial Estate.

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