Turkon Line (uk) Limited
- Small
- Active
- 22 years
- 7 employees
- £1,575,959 (assets)
- Real address
- 2 directors
- 2 owners
- Irregular importer
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Turkon Line Uk Ltd, based in Felixstowe, UK, is a small, family-run business with an active status. Founded 22 years ago in 2002, the company employs seven people and holds £1,575,959 in assets. It operates from a real address and is managed by two directors and two owners. The company is an irregular importer, with its top import category being Vehicles, parts, and accessories (not for trains or trams), totaling 2 months of imports, the latest recorded in April 2023. The company operates in the cargo handling for water transport activities industries.
The company’s website is not available, so it's difficult to determine if they operate an e-commerce site. However, their business description indicates a focus on logistics services, likely involving freight forwarding and customs clearance for water transport.
Financially, Turkon Line Uk Ltd shows a mixed picture. Current assets have decreased by 28%, dropping to £1,600,000, while net assets have also declined slightly, falling 0.73% to £890,000. Cash reserves have taken a hit, decreasing by 13% to £800,000. On a more positive note, creditors have significantly reduced by 46%, suggesting improved debt management. Trade debtors have also decreased by 38%, which could indicate better collection practices. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the decline in cash reserves and assets warrants attention. The accounts are audited, and Ensors Accountants LLP performed the audit.
Overall, Turkon Line Uk Ltd appears to be navigating a period of change. While debt management has improved, the decline in assets and cash reserves suggests a need for careful financial planning. The recent change in ownership five months ago could be a sign of new strategies or challenges ahead.
Registered in England/Wales under the registration number 04486777, with a registered address at IP11 3QL, Felixstowe, Suffolk, Unit 1 Suite 2b Orwell House, Ferry Lane.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of Turkey
-
Individual
- 9 years
- 25%+
-
Resident of Turkey
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Cessation of Nevzat Kalkavan as a person with significant control on 2024-12-02Download 1 page pdf report
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Confirmation statement made on 2024-12-29 with no updatesDownload 3 pages pdf report
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Accounts for a small company made up to 2023-12-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Turkon Line (uk) Limited
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