Tau Developments Limited

Tau Developments Ltd, based in Cambridgeshire, UK, is a small, active company founded 23 years ago in 2002. It holds £288,820 in assets and operates from a real address, managed by a single director and owner – a solo founder. The company regularly imports machinery, boilers, and mechanical appliances, parts (6 months imported), and exports vehicles, parts, and accessories (not for trains or trams) (5 months exported).

The company’s website suggests a diverse range of activities. While the name “Tau Development” appears alongside terms like “White Residence” and “Abay130,” the site seems to focus on selling various items, with mentions of “100” and “15” alongside email addresses. It also highlights dates like August 30, 2024, and June 31, 2023, alongside version numbers like "V 11 October 2018." The site mentions iBEC SYSTEMS and TAU DEVELOPMENT, 2024, indicating a possible software or IT component to the business.

Financially, Tau Developments Ltd presents a mixed picture. Cash reserves have surged a remarkable 15,000%, reaching £5,000, a significant turnaround. However, net assets have fallen by 0.65%, settling at -£7,000,000. Bank borrowings decreased by 46%, down to £4,400, and creditors increased by 37%, reaching £64,000. Trade debtors also decreased, down 8.6% to £280,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited figures, and the lack of an auditor mentioned, mean these numbers rely on director-reported data.

While the company’s cash position looks promising, the negative equity and increased creditors suggest it might be burning through cash faster than it’s bringing it in. The diverse activities hinted at on the website—importing, exporting, and possible software or real estate—could indicate a company exploring different revenue streams, or perhaps struggling to find a stable footing.

Registered in England/Wales under the registration number 04347414, with a registered address at PE7 3FW, Cambridgeshire, Unit 2 Talon Court Falcon Way, Yaxley.

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