Triple Warm Sealed Units Ltd

Triple Warm Sealed Units Ltd, based in Oldbury, UK, is a small, active company founded eleven years ago in 2014. With £2,988,444 in assets and eighty employees, it’s a well-established operation. The company has two directors and one owner, and boasts a respectable 4.0 Google rating from seventeen reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with three months of import activity recorded, the last in 2021.

The company operates in the "other manufacturing n.e.c." industries, suggesting a diverse range of activities beyond its core business. While a website isn’t available, this could indicate a business-to-business model, focusing on supplying other companies rather than direct consumer sales. It’s likely they’re providing components or services to larger manufacturers or installers.

Financially, Triple Warm Sealed Units Ltd shows some concerning trends. Cash bank on hand has plummeted 92%, falling to just £29,000—a significant drop. Creditors have increased substantially, with amounts due within one year rising 26% to £2,700,000. However, debtors have also increased by 20%, suggesting a possible issue with collecting payments. Equity, however, has grown by 31%, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the drop in cash reserves is a worry. The unaudited accounts, prepared in accordance with FRS 102, don’t mention an auditor, which is common for small companies. It's also interesting to note the company has taken exemption from publishing its own profit and loss account.

Overall, Triple Warm Sealed Units Ltd seems to be facing some financial headwinds, despite its established presence and positive Google rating. The increase in creditors and decrease in cash reserves are points to watch, and it will be interesting to see if the company can navigate these challenges successfully.

Registered in England/Wales under the registration number 08957947, with a registered address at B69 3EB, England, Oldbury, 104-108 Dudley Road East.

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