Tema Solutions Limited

Tema Solutions Limited, based in Wantage, UK, is a small, active family business established three years ago. The company holds £6,499 in assets and operates from a virtual address shared by sixteen other companies, a detail that raises some questions. It’s run by one director and two owners, with Hare Richard William and Hare Sarah Alexandra listed as the owners. The company’s core business involves wholesale of other machinery and equipment, and it’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings—just one month’s worth of imports recorded as of November 2024.

While the company maintains a presence online, there’s no website to analyze, making it difficult to assess its e-commerce activities or customer engagement. It’s unclear whether the company operates an online store or primarily engages in business-to-business wholesale.

Financially, Tema Solutions Limited presents a mixed picture. Cash bank on hand has seen a significant jump, increasing by 620% to £6,400, a positive sign. However, net current assets and liabilities have worsened, dropping 25% to -£2,000. Trade debtors have also plummeted by 100%, leaving no outstanding payments—a potential cause for concern. Creditors have increased by 200%, and other debt increased by 160%, suggesting the company is relying more on borrowed funds. The company meets two of three criteria to be considered small, with turnover under £10.2 million, balance sheet total under £5.1 million, and less than 1 employee. The lack of an auditor, typical for small companies, means the figures are unaudited.

Overall, Tema Solutions Limited seems to be navigating a challenging period. The increase in cash reserves is encouraging, but the decline in net assets and reliance on creditors suggests the company is burning through money. The virtual address and lack of online presence also raise questions about its operational transparency.

Registered in England/Wales under the registration number 13540051, with a registered address at OX12 9FF, England, Wantage, Boston House, Downsview Road.

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