Truck Engineering Limited

Truck Engineering Ltd, based in Darlaston, UK, is a small, active company founded 23 years ago. Employing 21 people and boasting £2,242,537 in assets, it’s a well-established player in the commercial vehicle sector. The business, led by two directors and one owner (Jones Mark Andrew), maintains a perfect 5.0 Google rating from 17 reviews, and has a real registered address. It’s an irregular importer, primarily dealing in vehicles, parts, and accessories, with its last import activity recorded two months ago in October 2022.

The company’s website highlights its expertise in repair and recovery for the UK’s commercial vehicle industry. Services range from paint shop work and truck repair to truck modifications, vehicle livery, and even truck body building. They even offer vehicle recycling and trailer servicing. It’s clear they’re a one-stop shop for commercial vehicle maintenance and customization, with a focus on quality and customer service.

Financially, Truck Engineering Ltd shows a mixed picture. Current assets increased by 21% to £2,200,000, while net assets grew by 21% to £1,600,000. Cash reserves jumped 40% to £1,000,000, a positive sign. However, trade debtors increased by 55% to £1,100,000, which could indicate challenges in collecting payments. Creditors decreased by 3.7% to £500,000, suggesting better debt management. 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 remain flexible. There’s no auditor mentioned, which is likely due to its status as a small company.

Overall, Truck Engineering Ltd appears to be financially stable, with growing assets and cash reserves. However, the increase in trade debtors warrants monitoring. The company's focus on specialized services and its strong Google rating suggest a solid foundation for continued success, despite the challenges inherent in a small business.

Registered in England/Wales under the registration number 04394577, with a registered address at WS10 8LN, Darlaston, West Midlands, Unit 4 Holland Industrial Park, Bentley Road South.

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