Tachyon Performance Ltd

Tachyon Performance Ltd, based in Burnley, UK, is a small, active company founded eleven years ago in 2014. With a single employee and £40,698 in assets, it operates from a real address at Unit 5 Holt Business Park. The company is led by one director and owner, Ward Andrew Lawrence. Tachyon Performance is a regular importer, specializing in vehicles, parts, and accessories – a category it’s been importing into for eight months, with the latest activity in January 2025.

The company’s website reveals a more extensive operation than initially apparent. While its core business involves automotive repair and maintenance, specializing in a wide range of brands like Honda, Acura, Volkswagen, and more, it also offers services like piano restoration and disaster recovery. It's a family-run business with a long history, even boasting a presence in Harrods. The website emphasizes quality workmanship and customer service, with a focus on both modern repairs and classic restoration.

Financially, Tachyon Performance Ltd shows a concerning trend. Current assets have plummeted by 64%, dropping to £41,000, while net assets have fallen dramatically by 96% to just £1,500. Cash reserves have also seen a significant decline, decreasing by 76% to £410. Trade debtors have been hit hard, dropping 76% to £22,000. Creditors have also decreased, down 49% to £53,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids an audit, and the figures are unaudited.

In short, Tachyon Performance Ltd is facing financial headwinds. While its automotive and piano restoration services appear to be well-regarded, the sharp decline in assets and cash reserves suggests the company is burning through money. Whether it can turn things around remains to be seen.

Registered in England/Wales under the registration number 08854471, with a registered address at BB10 2TN, England, Burnley, Unit 5 Holt Business Park, Widow Hill Road.

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