Trueline Expanded Products Ltd.

Trueline Expanded Products Ltd from Kidderminster UK: large company, active status, founded 31 years ago, 59 employees, £6,996,557 assets, yearly revenue: £12,665,020, real address, 5 directors, 2 owners, family business, e-commerce site, google rating 4.0 based on 9 reviews. Regular importer of plastics and plastic products (22 months imported). Regular exporter of aluminum and aluminum products (5 months exported). It’s a sizable operation, classified as “large” due to meeting two of three conditions: turnover exceeding £36 million and a balance sheet total over £18 million, as well as having more than 250 employees. The company, established in 1994, operates in the specialised construction activities sector.

Trueline’s website showcases a comprehensive range of fabricated products, including copings, flashings, and render beads, all available in a wide array of RAL colours thanks to their in-house powder coating system. They cater to the construction industry, providing solutions for external wall insulation (EWI) and offering bespoke manufacturing services. The site details a rich history, from its humble beginnings in Telford to its current location on the Firs Industrial Estate in Kidderminster, with a Scotland office also in operation. They’re clearly proud of their longevity and commitment to quality, highlighted by their ISO accreditations and a recent award as component supplier of the year.

Financially, Trueline appears to be navigating some challenges. While turnover increased by a solid 31% to £12.6 million, net assets declined by a significant 30% to £4.8 million. Bank borrowings surged by a substantial 170%, reaching £250,000, and cash reserves decreased by 40% to £360,000. Creditors, however, decreased by 10%, suggesting improved debt management. The company’s large size means it isn’t subject to an audit, so the figures are unaudited. The increase in borrowings, coupled with the drop in cash, might indicate investment in new machinery, as highlighted on their website, or perhaps a period of increased working capital requirements. The company’s family ownership and long-standing presence in the industry suggest resilience, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 02907163, with a registered address at DY11 7QN, Kidderminster, Worcestershire, Parker Place, Firs Industrial Estate.

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