Teamdev Ltd

Teamdev Ltd is a small, active company based in Cambridge, UK, founded 22 years ago in 2003. It’s a family business with three directors and two owners, operating from a real address. The company employs zero people and holds £1100 in equity. While its size qualifies it as small – meeting two of three conditions with turnover under £10.2m, assets under £5.1m, and less than 50 employees – its financial performance presents a mixed picture.

Teamdev’s core business revolves around providing software development tools and services. Its website showcases a range of products, including browser integration libraries (JxBrowser, DotNetBrowser), SDKs for cross-platform app development (Molybden), and frameworks for building cloud applications (Spine). They cater to a diverse clientele, including major corporations like Google, eBay, and Adobe, offering custom Java integration and leveraging technologies like Java, Kotlin, C, Dart, and Python. The website also lists a wide range of customers from various sectors, including banking, insurance, automotive, and engineering.

Financially, Teamdev Ltd has seen some concerning trends. Accumulated amortisation impairment intangible assets remained unchanged at £10,000, while accumulated depreciation impairment property plant equipment increased slightly to £10,000. Cash bank on hand declined significantly by 32% to £1500. Creditors decreased by 35% to £1300, and other taxation social security payable fell by 59% to £520. However, fixed assets decreased by 25% to £720, and net current assets liabilities increased by 20% to £150. The company’s reliance on unaudited financial statements, typical for small entities, adds a layer of uncertainty.

The decline in cash reserves and fixed assets, coupled with the rise in liabilities, suggests Teamdev is burning through money. While the company’s diverse product portfolio and established customer base offer potential for growth, its financial health warrants close monitoring. The lack of auditor information further complicates the picture, leaving stakeholders to rely on the company's own reporting.

Registered in England/Wales under the registration number 04734108, with a registered address at CB22 7PR, Cambridge, 25 The Paddock, Harston.

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