Turrim Uk Ltd

Turrim Uk Ltd is a small, active holding company based in Bury St. Edmunds, UK, founded six years ago in December 2018. With just one employee and £37,359 in assets, it operates from a virtual address shared by thirty-six other companies—a bit unusual. Two directors and one owner (though the list isn't exhaustive) steer the ship. The company’s core business involves agents specialized in the sale of other particular products, wholesale of other intermediate products, and other retail sale not in stores, stalls or markets. It’s also an irregular importer, with its top category being toys, games, and sports equipment, though only for one month of imports recorded back in August 2022.

Turrim Brands, the company’s website, reveals a more detailed picture. It researches, develops, and manufactures prepackaged and personalised self-adhesive labels, signage, and badges under the brands TOWER, Sandart, Kidico, and Badges for Africa. Each brand caters to specific consumer needs, from custom labels for businesses to sand art activities and badges of distinction. It’s a second-generation family-owned business, emphasizing strongly held values and over 50 years of experience. The website highlights a diverse range of products and services, including custom labels, sand art activities, and badges, all distributed worldwide.

Financially, Turrim Uk Ltd presents a mixed bag. While cash reserves increased by a substantial 640% to £2,200, current assets only grew by 34% to £37,000. However, net assets plummeted 79% to -£110,000, a significant drop that suggests increased liabilities. Bank borrowings also increased, and trade debtors decreased by 72%, which could indicate challenges in collecting payments. The company's small size—meeting two of three criteria for a small company—helps with agility, but the equity decline is concerning. No auditor is mentioned, which is common for small, exempt companies.

Overall, Turrim Uk Ltd appears to be navigating a period of change. While the parent company, Turrim Brands, seems to be thriving with its diverse product lines, the financial data suggests a need for careful management. The company's reliance on a virtual address and the significant equity loss warrant further scrutiny, but the increased cash reserves offer a glimmer of hope.

Registered in England/Wales under the registration number 11734918, with a registered address at IP32 7AR, England, Bury St. Edmunds, Eldo House, Kempson Way.

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