Tagmax Ltd

Tagmax Ltd, based in Romsey, UK, is a small, active company founded six years ago in 2018. With a single employee and £111,059 in assets, it operates from a real address and is managed by two directors and owners. The company boasts a perfect 5.0 Google rating from one review and regularly imports electrical machinery and equipment—nineteen months of import activity recorded, the latest in November 01, 2024.

The company’s website, Tagmax, specializes in retail security systems, offering a range of solutions from pedestal systems and underfloor systems to concealed door systems and CCTV. It caters to retail outlets of all sizes, emphasizing loss prevention and security tagging services. The website also highlights a large client base and exclusive manufacturing relationships, suggesting a focus on bespoke products and customized solutions. It's clear they're aiming to be a one-stop shop for retail security needs.

Financially, Tagmax Ltd presents a mixed picture. Current assets decreased by 29% to £110,000, while net assets dropped 21% to £79,000. Bank borrowings are not mentioned, but creditors decreased by 40%, suggesting improved debt management. Cash reserves are not mentioned, but the decline in net assets is noticeable. The company meets two of three criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of a mentioned auditor is not surprising given its size and exemption status.

While the company’s website and client testimonials point to a successful business, the financial data reveals some challenges. The decrease in assets and net assets could be attributed to increased operating expenses or investments in new equipment. It’s possible the company is experiencing typical growing pains, but the trends warrant close monitoring.

Registered in England/Wales under the registration number 11656761, with a registered address at SO51 7AB, United Kingdom, Romsey, 63 Oxlease Meadows.

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