Tyresmoke Cpp Limited

Tyresmoke Cpp Ltd from Frome UK is a small, active company founded 22 years ago. With just two employees and £24,520 in assets, it's a family business operating from a virtual address—a fact highlighted by the presence of 81 other companies registered at the same location. The company is led by three directors and owned by two individuals, Kathleen and Malcolm Toogood, who have held those positions for nine years.

The company’s operations center around retail sales via mail order and internet, alongside publishing books. Its website, though not fully detailed, suggests a focus on niche products and online distribution. It’s a small company, meeting two of the three conditions to qualify: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

A review of the company’s financials reveals a mixed picture. Current assets have decreased by a significant 30% to £25,000, while net assets have fallen even further, dropping 2500% to -£5,000. Bank borrowings have increased substantially, reaching £33,000, and cash reserves have declined by 2.4% to £8,800. However, creditors have also decreased by 48%, suggesting some improvement in debt management. The company’s retained earnings have decreased substantially, too. The lack of an auditor is not surprising, given its small size and exemption status.

Overall, Tyresmoke Cpp Ltd appears to be navigating a challenging financial landscape. While its online presence and niche focus offer potential, the declining assets and increasing liabilities suggest a need for careful management. The company’s long history and family ownership, however, provide a foundation of stability and experience.

Registered in England/Wales under the registration number 04513813, with a registered address at BA11 2RY, England, Frome, Unit D2 Southgate, Commerce Park.

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