Twp Manufacturing Limited

Twp Manufacturing Ltd from Tipton UK: a small, active company founded six years ago, employs two people, and holds £344,484 in assets. With three directors and two owners, the company operates from a real address and regularly imports and exports optical and medical tools and devices – importing for eight months and exporting for a substantial sixty-eight months.

The company's website is not available, so it’s difficult to ascertain their exact operations beyond the import/export data. However, they operate in the manufacture of lifting and handling equipment industries. They own several companies including Paterson Photographic Limited, Bullbarrow Products Limited, Benbo Limited, Blackweld Limited, and Threeway Pressings Limited.

Financially, Twp Manufacturing Ltd’s recent performance presents a mixed picture. While bank borrowings have decreased by 13%, cash reserves have fallen significantly – a 61% drop to £51,000. Current assets have also declined by 20% to £340,000. On the positive side, creditors have decreased slightly, suggesting improved debt management. Equity has taken a substantial hit, falling 50% to £76,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s financial data shows a concerning trend of decreasing equity and cash reserves, suggesting it may be burning through money. The increase in bank borrowings could be an attempt to offset this, but it’s a sign of potential financial strain. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited. Despite these challenges, the company’s long history of importing and exporting suggests a resilient business model, and the ownership of several other companies points to a diversified portfolio.

Registered in England/Wales under the registration number 11485156, with a registered address at DY4 9AE, United Kingdom, Tipton, 3 Malthouse Road.

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