Trolex Limited

Trolex Ltd from Cheshire, UK, is a large, holding company with an active status, celebrating 65 years in business. Employing 68 people, the company holds assets worth £4,527,636 and generates yearly revenue of £11,233,060. It’s managed by three directors and owned by one individual, boasting a solid 4.0 Google rating from seven reviews. Trolex Ltd regularly imports and exports optical and medical tools and devices, with a history of 146 months of imports and 699 months of exports.

The company is classified as large, meeting two of three conditions: turnover exceeding £36 million and a balance sheet total over £18 million, as well as having more than 250 employees. It operates as a holding company, and its status is currently active. The company's address is considered real, as only one other company is registered at the same location. Trolex Group Ltd owns Trolex Limited, and the list of owners was changed nine years ago. Pierce-jones John, Pierce-jones Lee, and Pierce-jones Glyn are the directors of the company.

Financially, Trolex Ltd presents a mixed picture. Accrued liabilities decreased by 30%, a positive sign, but the accumulation of amortisation impairment intangible assets saw a significant drop. Administrative expenses increased by 8.7%, and depreciation expense for property and plant equipment also rose. However, bank borrowings surged by a staggering 1000%, while cash bank on hand remained relatively stable. A decrease in deferred tax liabilities was noted. Overall, the company’s net assets decreased by 10%.

While the company’s revenue is substantial, the increase in borrowings and decrease in net assets suggests it might be burning through cash. The lack of an auditor mentioned—likely due to its size—means the financial information relies on unaudited statements. The company operates in the manufacture of other electrical equipment industries, and its core business involves importing and exporting optical and medical tools and devices.

Registered in England/Wales under the registration number 00644260, with a registered address at SK7 5DY, Cheshire, 10a Newby Road, Hazel Grove, Stockport.

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