Troy Companies Ltd

Troy Companies Ltd, based in Salford, UK, is a small, active company founded nine years ago. With two employees and £148,981 in assets, it operates as a regular importer of clothing and accessories made by knitting or crocheting, with 24 months of import activity recorded. The company has three directors and two owners, and its registered address is real, with only one other company registered at the same location.

The company’s website, Troy Construction, focuses on pipeline construction, facility construction, and integrity management services for the energy industry. It emphasizes safety, quality, and environmental stewardship, offering project development, preconstruction, and construction services. The company has a long history, serving the pipeline industry for over 70 years, and boasts a network of offices across the US, including Houston, Georgia, North Carolina, South Texas, West Texas, and Mississippi. It's clear that Troy Construction is a much larger operation than the import business.

Financially, Troy Companies Ltd shows some concerning trends. While cash reserves decreased by 41% to £65,000, creditors surged by 93% to £920,000, and net assets plunged to -£760,000. The number of employees has doubled to four, which is a good sign, but the significant increase in debt and the negative equity suggest the company is burning through money. Trade debtors have also risen considerably, which could be a cause for concern. The company is exempt from an audit, so the figures are unaudited. It’s a small company, meeting two of three conditions for small business status, with turnover under £10.2m and assets under £5.1m. The company’s financial instruments are classified as basic, and it uses the FRS 102 reporting framework. The company’s loss in 2024 was anticipated as it continues to incur costs relating to the recommencement of full trading in the UK.

Registered in England/Wales under the registration number 09648273, with a registered address at M50 2ZY, England, Salford, Office 4 Hope Park Workspaces, 16 Carolina Way.

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