Ticknall Solar Ltd

Ticknall Solar Ltd from Derby, UK, is a small, active company established thirteen years ago in 2011. With four employees and £251,701 in assets, it operates from a real address at The Wyvern Business Park. The company is led by one director and one owner, with director roles having been changed two months ago – a good sign for potential business. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded one month ago in July 2024. The company operates in both the manufacturing and retail sectors.

The company’s website is not available, so it’s difficult to determine the exact nature of its operations beyond what's stated in the report. It’s likely that the business focuses on supplying components or equipment to other companies, or possibly offering installation or maintenance services.

Financially, Ticknall Solar Ltd shows a mixed picture. Current assets have increased by 11%, reaching £250,000, while net assets have seen a significant boost, rising 95% to £58,000. Cash reserves have grown substantially, jumping 76% to £160,000 – a positive sign of improved liquidity. However, trade debtors have also increased by 42%, suggesting potential challenges in collecting payments. Creditors have decreased by 2.9%, indicating better management of short-term liabilities. The company’s small size (meeting two of three conditions for being classified as small) helps maintain agility. The unaudited financial statements, which were prepared using CCH Accounts Production software, do not mention an auditor.

The company’s equity has increased significantly, which is a good sign, but the increase in debtors could be a concern. The change in director roles two months ago is encouraging, and the company’s strong cash position provides a buffer against potential difficulties. Overall, Ticknall Solar Ltd appears to be in a reasonably healthy position, although close monitoring of debtors and continued efforts to manage liabilities will be important.

Registered in England/Wales under the registration number 07857587, with a registered address at DE21 6BF, Derby, Charlotte House Stanier Way, The Wyvern Business Park.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.