Turbo Rebuild Ltd

Turbo Rebuild Ltd from Poulton-Le-Fylde UK: a small, active company founded eleven years ago, employs nine people, and holds £1,086,372 in assets. It’s a family business with two directors and two owners, operating from a real address. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts—with 72 months of import activity and 9 months of export activity recorded.

The business focuses on the maintenance and repair of motor vehicles, and operates from Unit 1, Pointer Stables Lancaster Road, Preesall. Its status is active, and it’s considered a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform or primarily serves customers offline.

Financially, Turbo Rebuild Ltd appears to be in a stable position. Cash bank on hand increased by 23% to £750,000, while current assets grew by 17% to £1,100,000. Debtors increased significantly, by 120%, to £10,000, which could indicate expanded credit terms or delayed customer payments. Net assets also rose by 19% to £920,000, and bank borrowings remained relatively stable. Creditors increased slightly, by 7.1%, to £190,000. The company’s net current assets and liabilities also increased by 19%. The lack of an auditor mentioned likely means the company is exempt as a small business.

Overall, Turbo Rebuild Ltd seems to be performing well, with healthy cash reserves and growing assets. The increase in debtors should be monitored, but the company’s financial position appears solid.

Registered in England/Wales under the registration number 08802454, with a registered address at FY6 0HN, England, Poulton-Le-Fylde, Lancs, Unit 1, Pointer Stables Lancaster Road, Preesall.

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