Trucryo Limited

Trucryo Ltd, based in Shrewsbury, UK, is a small holding company with an active status, founded nine years ago in 2015. The company employs just two people and holds £678,198 in assets. It operates from a virtual address – a fact that’s a bit concerning given that 158 companies are registered at the same location – and is led by one director and owner. Google users rate it a perfect 5.0 based on nine reviews. Trucryo Ltd is a regular exporter, specializing in machinery, boilers, and mechanical appliances, with four months of export activity recorded, the last in June 2022.

The company’s website, TruCryo, showcases its flagship product, the Kaasen cryostimulation device. It’s marketed to a wide range of sectors, including physical therapy, aesthetics, and equine rehabilitation. The website emphasizes the Kaasen’s versatility and British design, highlighting its use in high-profile locations like Harrods. It's clear Trucryo is positioning itself as a leader in a niche market, offering a technologically advanced product with a focus on customer testimonials and a strong brand identity.

Financially, Trucryo Ltd presents a mixed picture. While cash reserves increased by a healthy 71% to £130,000, net assets only grew by 11% to £420,000. Trade debtors increased significantly by 25%, which could indicate a reliance on customer payments or an expansion of credit terms. Bank borrowings remain relatively stable, though a 92% decrease in taxation social security payable is notable. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the increase in debtors warrants further investigation. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Trucryo Ltd appears to be a growing business with a unique product and a strong online presence. However, the rise in debtors suggests a potential challenge in managing cash flow, and the virtual address raises questions about the company's operational infrastructure.

Registered in England/Wales under the registration number 09861733, with a registered address at SY2 6LG, United Kingdom, Shrewsbury, Shropshire, Belmont House, Shrewsbury Business Park.

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