Tapchanger Services Limited

Tapchanger Services Limited, based in Uttoxeter, UK, is a small, active company established 34 years ago in 1990. With eight employees and £677,318 in assets, it's a well-established operation led by three directors and a single owner, Kay Andrew Gavin, who is also the solo founder. The company operates from a real address and regularly imports electrical machinery and equipment, with four months of import activity recorded up to January 2025. It specializes in the repair of electrical equipment.

The company’s website is not available for review.

Financially, Tapchanger Services Limited presents a mixed picture. While cash reserves have increased significantly, jumping 150% to £320,000, other areas show concern. Accumulated depreciation on plant machinery rose by 15%, while vehicles saw a larger increase of 19%. Bank borrowings surged dramatically, increasing by 16,000% to £150,000 – a substantial shift. Creditors also ballooned, rising by 340% to £480,000, suggesting a reliance on credit. Trade debtors increased by 120%, reaching £360,000, which could indicate difficulties in collecting payments. Despite these challenges, net assets remained stable at £220,000. The company’s small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants attention. The accounts are unaudited, and no auditor is mentioned.

Overall, Tapchanger Services Limited appears to be navigating a period of change, with increased debt potentially offsetting the positive trend in cash reserves.

Registered in England/Wales under the registration number 02552491, with a registered address at ST14 8AU, Uttoxeter, Staffordshire, 2 Brookside Road.

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