Tuckson Projects Ltd

Tuckson Projects Ltd, based in Newcastle-Under-Lyme, UK, is a small, active company founded seven years ago. With a single employee and £121,368 in assets, it operates as a solo founder venture from a virtual address—a fact highlighted by the presence of ninety-one other companies registered at the same location. The company has one director and owner, Foo James, and runs an e-commerce site, though its 1.0 Google rating from a single review suggests room for improvement.

The company’s website, while not detailed, indicates a focus on retail sales via mail order and the internet. It operates within the broader industry of selling goods online, and is a private limited company. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

Financially, Tuckson Projects Ltd presents a mixed picture. While current assets increased slightly to £120,000, cash reserves took a significant hit, dropping 82% to just £1,800. Creditors surged by 23%, reaching £490,000, and net assets declined by 56% to -£220,000. Trade debtors also saw a sharp decrease, dropping 82% to £1,900. The company's small size and lack of an auditor (likely exempt due to its size) mean the figures are unaudited. The increase in creditors could be a result of expanding operations, but the drop in cash reserves and the negative equity raise concerns about the company’s financial health. It's possible that the company is burning through money to grow its e-commerce business, but without more information, it’s hard to say for sure.

Registered in England/Wales under the registration number 10742751, with a registered address at ST5 2BE, England, Newcastle-Under-Lyme, Staffordshire, Ebenezer House, Ryecroft.

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