Trp7 Limited

Trp7 Limited is a small, active company based in Fleet, UK, founded twelve years ago in 2012. With £1,300,598 in assets and a real registered address, it's a solo-founded operation run by a single director and owner, Shaw Philip David. The business operates an e-commerce site specializing in wheelchair ramps, loading ramps, and related mobility aids – a niche market with a growing demand. The website, The Ramp Factory, showcases a wide range of products, from portable ramps to heavy-duty van ramps, catering to both individual and commercial customers. The site emphasizes VAT relief options for eligible customers, a key differentiator in the disability aids market.

Financially, Trp7 Limited presents a mixed picture. While current assets decreased by 3.7% to £1,300,000, fixed assets increased by 19% to £160,000, suggesting investment in the business. However, equity dropped by 7.1% to £820,000, and cash bank on hand plummeted 39% to £300,000 – a significant reduction in readily available funds. Trade debtors decreased by 11%, which could indicate better collection practices, but creditors rose by 6.3% to £640,000, suggesting increased reliance on short-term borrowing. The company employs fifteen people, up from twelve last year, which is a good sign of growth, but also increases operating costs. As a small company, it’s exempt from a full audit, so the figures are unaudited.

The company’s focus on a specific product category and its online presence are strengths, but the decline in cash reserves and increase in debt are concerns. Whether Trp7 Limited can sustain its growth and profitability in the competitive mobility aids market remains to be seen, but the company’s focus on customer service and VAT relief options could provide a competitive edge.

Registered in England/Wales under the registration number 08115543, with a registered address at GU52 8EA, England, Fleet, Hampshire, Unit 5 Quantum Business Park Beacon Hill Road, Church Crookham.

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