Triumph International Limited

Triumph International Limited, based in Swindon, UK, is a large, holding company with an active status, celebrating 70 years since its founding in 1954. Employing 35 people, the company holds assets worth £6.153 million and generates £17.015 million in yearly revenue. With a real address and two directors, it's a well-established entity. Triumph International regularly imports and exports clothing and accessories made by knitting or crocheting, with 234 months of import activity and 21 months of export activity recorded.

The company operates within the wholesale of clothing and footwear industries. Its website, though not fully detailed, suggests a focus on distribution and wholesale rather than direct e-commerce. It’s likely the company works with retailers and other businesses, supplying them with branded or private-label products.

Financially, Triumph International’s picture is mixed. While revenue remained stable, several key metrics declined. Current assets decreased by 21% to £6.2 million, and net assets plunged 12% to £4 million. Bank borrowings increased by 100%, reaching £1.2 million, and cash reserves fell 11% to £2.1 million. Trade debtors also decreased by 30%, suggesting potential difficulties in collecting payments. Despite these challenges, creditors decreased by 20%, indicating improved debt management. The company meets two out of three criteria to be classified as a large company, with turnover exceeding £36 million, a balance sheet total exceeding £18 million, and 35 employees. The absence of an auditor suggests the company is exempt from full auditing.

Overall, Triumph International appears to be navigating a period of financial pressure, despite its established market position. The decrease in cash reserves and increase in borrowings are concerning, but the reduction in creditors suggests some level of financial discipline. The company's long history and established import/export activities indicate resilience, but it will need to address these financial headwinds to ensure long-term stability.

Registered in England/Wales under the registration number 00536483, with a registered address at SN25 5BE, Swindon, Wiltshire, Arkwright Road, Groundwell.

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