Tsi Turbo Service International Limited

Tsi Turbo Service International Ltd, based in Southampton, UK, is a large, holding company with an active status. Established twelve years ago in 2012, the company employs thirty-six people and holds assets worth £6,322,728. Annual revenue reaches £17,934,746, demonstrating a substantial operation. With two directors and one owner, and a perfect 5.0 Google rating based on six reviews, the company appears well-regarded. It regularly imports and exports machinery, boilers, and mechanical appliances, parts, with a long history of import (51 months) and export (313 months) activity.

The company operates as a marine turbocharger service parts supplier, as evidenced by its website. It provides services and parts for both marine and power station turbochargers, including turbocharger bearings and breakdown parts. The website lists several international locations, including Rotterdam, Cyprus, and Dubai, suggesting a global reach. It also highlights emergency breakdown services and a network of strategic partners worldwide.

Financially, Tsi Turbo Service International Ltd shows a mixed picture. While revenue has increased, current assets have decreased by 10% to £6,322,728, and net assets have fallen by 24% to £180,000. Bank borrowings have risen by 100% to £100,000, while cash reserves have declined by 31% to £230,000. Creditors have increased by 10% to £5,900,000, suggesting potential strain on short-term finances. The company's large size (meeting two of three conditions for a large company) and significant revenue indicate a robust business, but the decline in net assets and cash reserves warrants closer attention. The company's auditor is CB Reid Limited, and the financial statements are unaudited. It's possible that the company is reinvesting profits into expansion, which could explain the increased borrowings and reduced cash reserves, but it's also possible that the company is facing challenges in managing its working capital.

Registered in England/Wales under the registration number 08212918, with a registered address at SO40 3AA, Southampton, Hampshire, 190 Commercial Road, Totton.

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