Twd Limited

Twd Ltd from Wolverhampton UK: small company, active status, founded 21 years ago, £514,478 assets, virtual address, 3 directors, 1 owner. Irregular importer of electrical machinery and equipment (1 months imported). It’s a small business, meeting two of the three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company has been operating for 21 years, incorporated on June 11, 2003, and is currently active.

The company operates in the wholesale of radio, television goods & electrical household appliances (other than records, tapes, cd's & video tapes and the equipment used for playing them). It’s a irregular importer, with its top import category being Electrical machinery and equipment, totaling 1 months of imports. The last import operation was conducted on March 01, 2022. The registered address is WV11 1TW, England, Wolverhampton, 69/71 Lichfield Road, but it's probably virtual, as twenty nine companies registered at the same address. Singh Parmjit owns Twd Limited, and Singh Surinder, Singh Parmjit, and Singh Parmjit are the directors.

Financially, Twd Ltd shows some concerning trends. Current assets have increased by 16%, reaching £510,000, but net assets have decreased by 17%, falling to £460,000. Bank borrowings have surged by 2200%, reaching £330,000, and cash reserves have declined by 2.3%, sitting at -£160,000. Creditors have increased significantly, rising by 630%, reaching £390,000. The company’s small size helps it remain agile, but the substantial increase in bank borrowings and the decrease in cash reserves suggest it may be burning through money. There’s no auditor mentioned, which is common for small companies exempt from an audit. The company's debts are increasing, which is a worrying sign.

Registered in England/Wales under the registration number 04795630, with a registered address at WV11 1TW, England, Wolverhampton, 69/71 Lichfield Road.

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