Tunnel 22 Uk Ltd

Tunnel 22 Uk Ltd is a small, active company based in Glasgow, UK, founded three years ago in February 2022. With just £21 in assets and a yearly revenue of £16,822, it's a solo-founded operation managed by a single director and owner, Imam Ahsan Latif. The company operates in the retail sale via mail order houses or via internet industries.

The business appears to be a specialist labour supplier for tunnelling projects, as evidenced by its website, Tunnelcraft Ltd. It focuses on providing experienced, trained, and competent tunnelling operatives to various clients, covering a range of tunnelling methodologies and equipment. The website highlights award-winning expertise, particularly in supplying operatives for Tunnel Boring Machines (TBMs), Sprayed Concrete Lining (SCL) tunnelling, and other mechanicalized tunnelling methods. They also provide labour for shaft excavation and offer training and apprenticeships.

Financially, Tunnel 22 Uk Ltd’s numbers paint a concerning picture. While turnover increased by a substantial 99% to £17,000, net losses deepened significantly to -£2,200. Cash reserves plummeted 92% to a mere £21, and equity dropped a staggering 2700% to -£2,300. Bank borrowings increased substantially, and trade debtors vanished entirely. The lack of employees (zero reported) suggests a very lean operation, but the sharp decline in equity and cash raises questions about the company's financial health. The absence of an auditor—likely due to being exempt as a small company—means the figures are unaudited.

It seems Tunnel 22 Uk Ltd is facing some financial challenges, despite growing revenue. The company's reliance on a single founder and its limited resources may be contributing to these pressures. Whether the business can sustain its growth and overcome these difficulties remains to be seen.

Registered in Scotland under the registration number SC724700, with a registered address at G14 0TA, Scotland, Glasgow, 02 9 Scotstoun Street.

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