Turkuaz (doncaster) Limited

Turkuaz Doncaster Ltd, based in London, UK, is a small, active company established twelve years ago in February 2013. With just £2,358 in assets and a single director and owner, it operates from a real address and maintains a stellar 5.0 Google rating based on 669 reviews. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent import activity recorded two months ago. It also operates in the licensed restaurants industries.

The company’s website is non-existent, so it’s difficult to ascertain its online presence or e-commerce activities. It seems the business relies primarily on offline operations.

Financially, Turkuaz Doncaster Ltd presents a mixed picture. While it’s a small company (meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has taken a significant hit, dropping from £14,000 to -£10,000. This suggests the company is burning through cash. Bank borrowings have increased substantially, rising 650% to £25,000, and cash reserves have dwindled, indicating potential liquidity issues. Creditors have also increased, which could be a sign of difficulty paying suppliers. The company’s property, plant, and equipment have decreased by 14%, which could be a result of depreciation or asset sales. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

The company’s reliance on loans and the decline in equity suggest it’s facing financial pressures. It’s possible that the restaurant industry has been difficult, or that the company is struggling to manage its cash flow. The increase in creditors may indicate a need to improve supplier relationships.

Registered in England/Wales under the registration number 08406307, with a registered address at N18 2UD, England, London, 2nd Floor, 183 Angel Place, Fore Street.

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