T T S Centre Limited

T T S Centre Ltd, based in Sawbridgeworth, UK, is a small, active company founded thirteen years ago. With twenty-six employees and £901,104 in assets, it operates from a virtual address and is managed by three directors and two owners. It boasts a stellar 5.0 Google rating from eleven reviews. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with seven months of import activity recorded, the last in April 2024.

The company’s website focuses on the retail of genuine used Audi TT MK2 car parts and accessories. It has been in the motor trade for over fifteen years, committed to providing high-quality standards within the recycled parts industry. Contact is made via email, phone, and mobile, with a physical address at Rosewood Business Park in Blackburn, Lancashire. The site lists various components, including wheels, tyres, engines, gearboxes, interior seats, sound systems, and steering wheels, and even includes a “Track Your Order” section, suggesting an active e-commerce operation.

Financially, T T S Centre Ltd presents a mixed picture. While current assets increased by 19% to £900,000, net assets rose by 21% to £400,000, and equity grew by 21% to £400,000, there are some concerning trends. Bank borrowings remained stable at £10,000, but cash reserves plummeted 91% to just £37,000. Trade debtors increased dramatically by 630%, reaching £570,000, which could indicate difficulties in collecting payments or a deliberate expansion of credit terms. Creditors also rose by 28%, reaching £740,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp drop in cash reserves warrants attention. No auditor is mentioned, likely due to exemption status as a small company, so the figures rely on unaudited statements.

In summary, T T S Centre Ltd appears to be a growing business, but its reliance on trade debtors and the significant decrease in cash reserves suggest it's burning through money. The company's focus on Audi TT MK2 parts and its online presence show a clear niche strategy, but managing cash flow will be crucial for its long-term sustainability.

Registered in England/Wales under the registration number 07783963, with a registered address at CM21 9AE, Sawbridgeworth, Hertfordshire, The Coach House, The Square.

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