Turboactive Limited

Turboactive Ltd from Billingham UK: a small, active company founded 28 years ago, employs 11 people, and holds £4,264,406 in assets. With two directors and one owner, the company operates from a real address within Wynyard Business Park. It’s a regular importer of machinery, boilers, and mechanical appliances; parts, with 139 months of import activity recorded, and a regular exporter with 10 months of export activity.

The company's website is not available, so it’s difficult to determine if it operates an e-commerce site. However, the company operates in the retail trade of motor vehicle parts and accessories industries.

Financially, Turboactive Ltd presents a mixed picture. Creditors have decreased significantly, dropping by 9.5% to £1,100,000, which could indicate improved debt management. However, trade debtors have increased by 8.1% to £970,000, suggesting a potential issue with customer payments. Cash bank on hand has seen a slight increase of 0.6% to £570,000. A notable change is the decrease in depreciation rate used for property, plant, and equipment, which could be due to changes in accounting policies. Net assets have increased by 2.8% to £3,300,000. The company's small size—meeting two of three criteria for a small company—helps it remain agile.

The company’s financial data indicates a generally stable, but not rapidly growing, business. The increase in debtors, however, warrants closer attention. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 03353641, with a registered address at TS22 5TB, Billingham, Cleveland, Evolution Wynyard Avenue, Wynyard Business Park.

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