Tinman Supplies Ltd

Tinman Supplies Ltd, based in Middlesbrough, UK, is a small holding company with an active status, established eight years ago. The company employs just three people and holds £284,410 in assets. With four directors and one owner, it operates an e-commerce site and enjoys a perfect 5.0 Google rating from five reviews. Tinman Supplies is an irregular importer, specializing in machinery, boilers, and mechanical appliances, with its last import activity recorded one months ago.

The company’s website, salestinmansupplies.co.uk, showcases a focus on bespoke ventilation solutions, offering a range of products from spiral ducting to fire dampers. It caters to commercial, industrial, and domestic clients, emphasizing quality, expertise, and fast delivery. The website also directs visitors to BuyVentilation.co.uk for standard products and BuyInsulation.co.uk for insulation solutions, suggesting a broader business strategy.

Financially, Tinman Supplies Ltd presents a mixed picture. While current assets increased by 34% to £280,000, net assets decreased by 11% to £230,000. Cash reserves grew by 150% to £21,000, which is good. However, bank borrowings increased significantly, reaching £29,000, and creditors also rose, reaching £140,000. The number of employees has increased dramatically, jumping 470% to seventeen. This suggests the company is investing in growth, but also taking on more debt. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s not required to have an audit, so the figures are unaudited.

The rapid increase in employees, coupled with the rise in debt, suggests Tinman Supplies is expanding its operations, potentially to meet increased demand. It’s a bit of a gamble, but the company’s strong Google rating and focus on bespoke solutions could help it succeed.

Registered in England/Wales under the registration number 10641732, with a registered address at L33 7TJ, England, Liverpool, Unit 1 Newstet Road, Knowsley Industrial 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.