Tss Locks Ltd

Tss Locks Ltd is a small, active company based in High Peak, UK, founded twelve years ago in 2012. With two employees and £66,261 in assets, it operates from a real address at 1 Market Street, Whaley Bridge. The company is led by a single director and owner, Jones David Haydn, who is also the solo founder. It’s a private limited company with a trading status of active. The business primarily operates in the "other business support service activities n.e.c." industries.

The company’s website is currently unavailable, making it difficult to ascertain its specific offerings or business model beyond its industry classification. It appears to function as an irregular importer, with its top import category being electrical machinery and equipment, totaling one month of imports, with the last operation conducted on May 01, 2024.

Financially, Tss Locks Ltd presents a mixed picture. Current assets have decreased slightly, dropping by 2.3% to £66,000. Net assets have also declined, falling 8.5% to £56,000. However, cash bank on hand has increased by a notable 9.3%, reaching £38,000. Debtors have emerged for the first time, totaling £78, while creditors have risen slightly to £18,000. Interestingly, accumulated amortisation and impairment for intangible assets has increased by 14%, and accumulated depreciation for property, plant, and equipment has also risen. The company meets two of the three criteria to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.

While the company’s financials don’t suggest a burning-through-money startup scenario, the decline in net assets and the emergence of debtors could indicate some financial pressure. The increase in cash reserves is a positive sign, suggesting improved liquidity. The lack of an auditor means the figures are unaudited, so caution is advised when interpreting them.

Registered in England/Wales under the registration number 08192217, with a registered address at SK23 7AA, High Peak, Derbyshire, 1 Market Street, Whaley Bridge.

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