Ten Tenths Limited

Ten Tenths Consulting provides technical due diligence, coaching for technology leaders, and fractional CTO services. Based in London, UK, this small, active company was founded 44 years ago and employs just three people. It holds £4,160,38 assets and operates from a virtual address registered at W1T 3LJ, United Kingdom, London, First Floor, 14-15 Berners Street—an address shared by 490 other companies. The company is led by three directors and has one owner, Mason Nicholas Berkeley. It’s an irregular importer, primarily dealing with miscellaneous chemical products, with the last import operation recorded a year ago.

The company’s website details its core services: technical due diligence for startups and scaleups, coaching for technology leaders, and providing fractional CTO services. The technical due diligence service offers in-depth investigations, while the coaching program provides structured development plans. The fractional CTO service helps startups and scaleups avoid common pitfalls and accelerate growth. It’s clear that Ten Tenths Consulting focuses on providing expert guidance to technology-driven businesses.

Financially, Ten Tenths Ltd presents a mixed picture. While current assets have increased significantly, jumping 2,000% to £4,200,000, net assets have plummeted 38% to -£4,800,000. Bank borrowings have surged 1,200% to £8,300,000, and cash reserves have fallen 69% to £4,400. Creditors have also increased dramatically, rising 1,800% to £35,000,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. The lack of an auditor mentioned suggests the figures are unaudited.

The company’s financial trajectory suggests it’s experiencing growing pains. While revenue appears to be increasing, the company is burning through cash and accumulating debt. The reliance on bank borrowings to fund operations is a cause for concern, and the negative equity position indicates a need for careful financial management.

Registered in England/Wales under the registration number 01503604, with a registered address at W1T 3LJ, United Kingdom, London, First Floor, 14-15 Berners Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.