Tasmia (b'ham) Ltd

Tasmia B Ham Ltd from Birmingham, UK, is a small, active company founded five years ago in 2019. It employs just one person and holds £18,115 in assets, operating from a real address and managed by a single director and owner. The company runs an e-commerce site and regularly imports miscellaneous metal items, with a recent import recorded just last month. It’s also involved in the sale of fuels, ores, metals and industrial chemicals, and the wholesale of metals and metal ores.

The company’s website is currently unavailable, so it’s difficult to fully understand its online presence and sales strategy. However, its import activity suggests a focus on sourcing materials for resale or manufacturing.

Financially, Tasmia B Ham Ltd presents a mixed picture. While current assets have dropped by 11% to £18,000, trade debtors have increased by 13% to £9,600. However, the most concerning trend is the significant drop in equity, which plummeted by 2100% to -£16,000. Cash bank on hand has also decreased dramatically, falling by 98% to just £68. Creditors have risen by 120% to £43,000, and taxation social security payable has increased by a staggering 10,000% to £19,000. It’s worth noting that the company is small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Tasmia B Ham Ltd seems to be struggling financially. The sharp decline in equity and cash reserves suggests that the company is burning through money faster than it’s earning it. While the increase in trade debtors could indicate growing sales, it also raises concerns about the company’s ability to collect payments. The company’s future hinges on its ability to improve its cash flow and manage its debts—and hopefully, the import of metal items will help it.

Registered in England/Wales under the registration number 12206898, with a registered address at B19 1DU, England, Birmingham, 99 Hunters Road.

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