Tailor Made Technologies Limited

Tailor Made Technologies Ltd, based in Fareham, UK, is a sizable company with a holding structure and an active status. Established 24 years ago, the company employs 144 people and boasts assets of £5.5 million, generating a revenue of £15.3 million annually. With six directors and one owner, and a solid Google rating of 4.0 based on 87 reviews, it's a well-regarded player in its sector. The company exports electrical machinery and equipment, though irregularly, with its last export operation occurring a month ago.

The company’s website highlights a focus on managed IT, cyber security, and communications services. It positions itself as a partner for businesses seeking to leverage technology for growth, offering solutions from basic IT support to complex cyber defense strategies. The site showcases customer testimonials and case studies, emphasizing reliability, professionalism, and a customer-focused approach. It also runs webinars and provides resources, demonstrating a commitment to thought leadership.

Financially, Tailor Made Technologies Ltd shows a mixed picture. While turnover remained relatively stable, net assets increased by a substantial 47%, reaching £3.1 million—a positive sign. However, bank borrowings surged by 110%, reaching £1.8 million, and cash reserves decreased by 5.4% to £400,000. Creditors also increased by a significant 99%, reaching £1.1 million, suggesting potential strain on short-term finances. The company's size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The accounts are audited by Menzies LLP, providing a degree of assurance.

The increase in bank borrowings, combined with the rise in creditors, suggests the company may be investing in growth or facing temporary cash flow challenges. The stable turnover indicates a consistent customer base, but the rising costs need to be managed carefully. Overall, Tailor Made Technologies Ltd appears to be a well-established company with a strong reputation, but it’s important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 04125178, with a registered address at PO15 7PA, United Kingdom, Fareham, Hampshire, Forum 5 Solent Business Park, Whiteley.

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