Tyseley Locomotive Works Limited

Tyseley Locomotive Works Ltd from Birmingham, UK, is a small holding company with an active status, established 37 years ago. With 15 employees and £819,727 in assets, it operates from a real address and is overseen by four directors and one owner. Google users rate it 4.0 based on 19 reviews. The company irregularly imports toys, games, and sports equipment, with its last import activity occurring in November 2019.

The company's primary focus is machining, and it's a heritage railway in Birmingham. It’s a private limited company registered in England and Wales. The accounts for the year ended March 31, 2023, show a mixed financial picture. Creditors have increased significantly, jumping 87% to £620,000, while bank borrowings have also risen substantially. Cash reserves, however, have seen a dramatic increase of 370%, reaching £220,000. Interestingly, trade debtors have also increased, by 34%, suggesting a possible shift in payment terms or increased sales on credit.

Despite these changes, the company’s net assets remain relatively stable at £5,900, though it’s worth noting that the company’s net losses deepened. The decrease in total inventories by 48% could indicate a focus on streamlining operations. It’s a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts were audited by Mark J Rees LLP, and the financial statements were prepared in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland. The company’s accounts show a lot of changes, but it’s a steady business.

Registered in England/Wales under the registration number 02253445, with a registered address at B11 2HL, Birmingham, 670 Warwick Road, Tyseley.

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