Truck Team Ltd

Truck Team Ltd is a small, active company based in Exeter, UK, founded six years ago in 2019. With two employees and £59,781 in assets, it operates as a solo-founded business with two directors and a single owner. The company runs an e-commerce site specializing in truck parts and accessories. It’s an irregular importer, bringing in electrical machinery and equipment, with the latest import occurring in February 2024.

The website showcases a wide range of components, from air systems and heating to lights and braking systems, catering to various truck models like Daf, Volvo, Renault, and Mercedes. It offers brands like Eberspacher and Hella, alongside its own branded products. The site emphasizes competitive pricing, curbside delivery in the Exeter area, and recurring orders for regular supply. It also provides a help center and a blog with DIY tips.

Financially, Truck Team Ltd shows a mixed picture. Current assets decreased by 22% to £60,000, while net assets remained relatively stable at £29,000. Bank borrowings decreased by 55%, reducing to £-2,200, and cash reserves fell 12% to £56,000. Creditors also decreased by 32%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the accounts are unaudited.

The company’s irregular import activity and focus on a niche market suggest a business navigating challenges. While the e-commerce site appears active and well-stocked, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 11828351, with a registered address at EX2 7LL, United Kingdom, Exeter, 2 Swan Units Heron Road, Sowton Industrial Estate.

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