Ta Gear Ltd

Ta Gear Ltd, based in Stevenage, UK, is a small, active company founded thirteen years ago. Despite its status, the company’s accounts are a year overdue, and confirmation statements are eleven months behind, which is a cause for concern. It employs five people and holds £643,530 in assets, operating from a real address and managed by a single director and owner. The company regularly imports weapons and ammunition, with 17 months of import activity recorded, the latest in March 2024.

The company's website, TA Gear, specializes in custom basketball jerseys and uniforms. It caters to high school, college, and club teams, offering a range of stock designs or custom creations. The site highlights durability and style, emphasizing the use of high-quality materials and a wide selection of colors and fabrics. It’s clear TA Gear is focused on direct-to-consumer sales, with a simple ordering process and a focus on customer service. The site even includes sizing charts and past logo examples, demonstrating a commitment to a smooth online shopping experience.

Financially, Ta Gear Ltd presents a mixed picture. While current assets increased by 52% to £640,000, net assets decreased by 21% to £36,000—a worrying trend. Bank borrowings rose by 7.1% to £58,000, and cash reserves saw a dramatic increase of 3800% to £39,000. Creditors also increased significantly, by 38% to £270,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity suggests it's burning through cash. There's no auditor mentioned, which is typical for a small, exempt company.

Overall, Ta Gear Ltd appears to be a lean operation facing some financial pressures. While its website and product offerings show promise, the company needs to address its declining equity and manage its increasing liabilities to ensure long-term sustainability.

Registered in England/Wales under the registration number 08065771, with a registered address at SG1 1DH, England, Stevenage, Hertfordshire, Combat-Uk, 13-15 Market Place.

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