Turner Aftersales Ltd

Turner Aftersales Ltd from Comber UK: small company, active status, founded 3 years ago, 1 employee, £25,464 assets, real address, 2 directors, 2 owners. Irregular importer of machinery, boilers, and mechanical appliances; parts (1 months imported). It’s a small, family-run business registered in Northern Ireland with the registration number NI684639. Founded three years ago on December 23, 2021, and registered at BT23 5QL, United Kingdom, Comber, Co. Down, 1a Mount Alexander, the address is probably real as only one company registered at the same address. Its status is active. The company operates in the other retail sale not in stores, stalls or markets industries. Officially, it has two owners or PSCs, two directors, and one employee.

The company’s website, though not available for direct analysis, suggests a focus on retail activities, possibly involving the sale of parts and accessories. It’s unclear if the company operates an e-commerce site or relies on other distribution channels.

Financially, Turner Aftersales Ltd presents a mixed picture. Cash bank on hand dropped significantly by 62%, falling to £2,200, while creditors surged by 190%, reaching £27,000. Current assets increased by 140%, reaching £25,000, but trade debtors ballooned by 320%, reaching £20,000. Equity has taken a severe hit, with retained earnings and accumulated losses plummeting 290%, resulting in a negative equity of -£2,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company is an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports. The last import operation was conducted on March 01, 2024. It seems like the company is struggling to maintain a healthy cash flow, and the increase in debt suggests potential financial strain.

Registered in Northern Ireland under the registration number NI684639, with a registered address at BT23 5QL, United Kingdom, Comber, Co. Down, 1a Mount Alexander.

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