Ts Distribution Ltd
- Small
- Active
- 5 years
- £2,333 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Ts Distribution Ltd, based in Telford, UK, is a small, active company founded five years ago. It boasts £7,971 in assets, a real address, and is led by a single director and owner – the solo founder. The company operates in the retail sale via mail order houses or via internet industries.
The company’s website, tsdistributors.com, reveals a broader operation than initially apparent. While the UK-based entity focuses on distribution, the website showcases multiple locations across the US – Houston, Austin, Birmingham, Chicago, and Prescott Valley, Arizona. Each location has its own contact information and operating hours, suggesting a significant US presence. The website’s design is functional but dated, featuring product videos and a request-a-catalog option. It also highlights services like customer support, credit applications, and order tracking, indicating a focus on B2B sales. The site's presence of "Se Habla Español" suggests a focus on Spanish-speaking customers.
Financially, Ts Distribution Ltd has experienced a concerning downturn. Current assets have fallen by nearly 50% to £8,000, while net assets have plummeted 92% to a mere £840. Cash reserves have also decreased significantly, dropping 47% to £4,100. Creditors have increased by over 50%, reaching £7,100, and other creditors have skyrocketed by 4200%, reaching £7,100. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids an audit, relying on unaudited statements. The decrease in fixed assets, dropping 100%, also suggests a reduction in business equipment.
In short, Ts Distribution Ltd is facing financial headwinds. The US operations, while seemingly robust, haven’t translated into improved financial performance. The significant drop in equity and increase in debt raise concerns about the company’s long-term viability. It’s clear that the company needs to address its financial situation, although the reasons behind the downturn aren't immediately obvious.
Registered in England/Wales under the registration number 12429336, with a registered address at TF2 7RJ, United Kingdom, Telford, 3 Celandine Way, Donnington Wood.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Total exemption full accounts made up to 2025-01-31Download 4 pages pdf report
-
Confirmation statement made on 2025-01-27 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2024-01-31Download 8 pages pdf report
FAQ about Ts Distribution Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!