Twt Electronics Ltd

Twt Electronics Ltd from Peterborough UK: a small, active company founded two years ago, holds just £5,014 in assets, operates from a virtual address, and is managed by four directors with no officially listed owners. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Twt Electronics Ltd specializes in the retail sale of computers, peripheral units, software, mobile telephones, and telecommunications equipment—primarily through online channels. The company's website is currently unavailable, making it difficult to assess its current operations or e-commerce presence.

Financially, Twt Electronics Ltd presents a mixed picture. Current assets remain stable at £5,000, while cash on hand is a modest £550. Liabilities are significant, with creditors totaling £6,300. The company's net equity sits at a concerning -£760, indicating accumulated losses. While trade debtors are steady at £710, the lack of employee data (zero reported) suggests a very lean operation. The absence of an auditor, typical for a small company, means the financial statements are unaudited.

The company’s small size and lack of owners, while offering agility, also present challenges. The negative equity and reliance on creditors suggest a need for careful financial management. The virtual address, shared by thirty-two other companies, raises questions about the legitimacy of the business. It’s likely the directors are working hard to keep the business afloat, but the current financial situation is precarious.

Registered in England/Wales under the registration number 14055530, with a registered address at PE1 2PN, United Kingdom, Peterborough, Cambridgeshire, Laxton House, 191 Lincoln Road.

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