Tanz Limited

Tanz Limited is a small, active company from Hamilton, UK, founded 14 years ago in 2010. With 290 employees and £1,652,620 in assets, it operates from a virtual address, a detail highlighted by the fact that 98 companies are registered at the same location. The company is led by a single director and owner, Paterson John, who also serves as a director. Tanz Limited primarily operates in the hairdressing and beauty treatment industries, offering services like tanning, toning, teeth whitening, and LED light therapy. It also runs an online shop selling tanning lotions, slimming capsules, and teeth whitening products.

The company is an irregular importer, bringing in electrical machinery and equipment for short periods, with the last import operation recorded in October 2023. Its website showcases a range of services and products, indicating a focus on retail sales, both online and through its salons. The company's website is very well designed, and it's easy to navigate.

Financially, Tanz Limited's performance presents a mixed picture. While cash reserves increased by 16% to £1,500,000, bank borrowings surged by 51% to £230,000, and net deferred tax liability assets increased by 100% to £130,000. Creditors, however, decreased by 51%, suggesting improved debt management. The company’s employee numbers doubled, increasing by 130% to 670, which could be a sign of expansion or increased workload. Fixed assets grew by 19%, indicating investment in infrastructure, but net current assets decreased by 5.5%, a detail that could signal liquidity challenges. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data.

Overall, Tanz Limited seems to be navigating a period of change and investment. While the increased employee numbers and asset growth are positive signs, the rising bank borrowings and declining current assets warrant close monitoring. The company's success hinges on maintaining its customer base and effectively managing its financial resources.

Registered in Scotland under the registration number SC380772, with a registered address at ML3 6JT, Hamilton, 4d Auchingramont Road.

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