Turboworks Ltd

Turboworks Turbochargers UK, based in Pevensey Bay, is a small, active company established ten years ago. With seven employees and £310,642 in assets, it operates from a virtual address, managed by two directors and a single owner. The business has a strong online presence, running an e-commerce site and maintaining a perfect 5.0 Google rating from 132 reviews. It regularly imports machinery, boilers, and mechanical appliances parts, with the latest import operation occurring in January 2025.

The company specializes in turbocharger sales, reconditioning, and repairs, offering services like reconditioning, replacements, and DPF cleaning. Its website highlights a wide range of services, including turbocharger sales, reconditioning, and repairs, and it even offers upgrades. They support customers in the UK, Europe, and beyond, stocking a huge range of turbos for various vehicles and equipment. They are an authorized dealer for Melett turbocharger parts, emphasizing quality and reliability.

Financially, Turboworks Turbochargers UK shows some interesting trends. Cash bank on hand increased by a modest 1.9% to £87,000, while current assets saw a solid 30% rise to £310,000. However, net assets declined slightly by -0.9% to £52,000, and bank borrowings decreased significantly, falling 100% to zero. Trade debtors increased by a substantial 200% to £60,000, which could indicate increased sales on credit. The company's small size—meeting two of three criteria for being considered small—helps it remain flexible, but the rise in trade debtors suggests a need to manage cash flow. No auditor is mentioned, which is common for small companies. The increase in average employees during the period by 43% to 10, is a positive sign, although it may also put a strain on resources. It’s possible the company is expanding its operations, but it will be important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 09122931, with a registered address at BN24 6NY, England, Pevensey Bay, East Sussex, 398 Coast Road.

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