Turmec Limited

Turmec Ltd, based in London, UK, is a sizable holding company with an active status, established six years ago in December 2018. Employing just four people, the company holds £2,119,639 in assets and generates £4,858,772 in yearly revenue. Despite its size, it operates from a virtual address – a detail highlighted by the fact that 299 other companies are registered at the same location. The company is overseen by five directors and has one owner, though this figure isn’s exhaustive. It boasts an impressive Google rating of 5.0 based on 13 reviews.

Turmec specializes in importing and exporting machinery, boilers, and mechanical appliances, including parts. They’re regular importers, with their top import category being machinery and parts, totaling 56 months of imports, with the last operation in January 2025. They also export these items, with ten months of export activity, the last in September 2024. The company operates within the construction installation and specialised construction activities industries.

A look at Turmec’s website reveals a focus on waste processing and recycling solutions. They design, manufacture, and install recycling plants, catering to commercial and industrial customers. The site highlights their expertise in areas like construction waste processing, mixed recycling, and even piano restoration – a surprising diversification. They offer a range of services, including design consultancy, fabrication, and site servicing, and even offer a CRM system for rapid response.

Financially, Turmec’s recent performance shows some concerning trends. While turnover remains substantial, net assets have fallen by a significant 63%, and bank borrowings have surged. Cash reserves have also decreased, indicating a potential strain on liquidity. Although creditors have decreased, the overall picture suggests the company is burning through money. The lack of an auditor mentioned likely means the figures are unaudited, relying on director-reported data. The company’s size (meeting two of three criteria for a large company) allows for agility, but the declining equity raises questions about its long-term stability.

Registered in England/Wales under the registration number 11718425, with a registered address at EC4M 7AU, United Kingdom, London, 30 Old Bailey.

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