Truck Technics Limited

Truck Technics Limited, based in Leyburn, UK, is a small, active company founded seventeen years ago. Employing twenty-eight people and holding assets of £1,001,452, it operates from a real address and is managed by five directors, though it has no officially listed owners. The company boasts a stellar 5.0 Google rating based on twenty reviews. It functions as an irregular importer, primarily bringing in vehicles, parts, and accessories (excluding trains and trams), with its last import operation occurring two months ago in April 2024.

The company’s website, while not providing detailed e-commerce functionality, indicates a focus on the maintenance and repair of motor vehicles. It’s a core business, and they do a good job.

Financially, Truck Technics Limited exhibits a mixed picture. Current assets have increased by a substantial 17%, reaching £1,000,000, while net assets have risen 8.8% to £700,000. Bank borrowings have seen a significant surge of 2,400%, reaching £29,000, and cash reserves have fallen 30% to £28,000. Creditors have decreased by 18%, suggesting improved 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) allows for agility, but the increase in bank borrowings is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s irregular import activity suggests a strategic approach to sourcing parts and accessories, rather than a constant flow of goods. This could be a way to manage costs and respond to market demand.

Registered in England/Wales under the registration number 06266037, with a registered address at DL8 5JZ, England, Leyburn, North Yorkshire, Washfold Farm, Moor Road.

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