Tenacity Business Solutions Limited

Tenacity Business Solutions Ltd from Hertford UK: a small, active company founded seven years ago, employs just one person, and holds £851,866 in assets. Operating from a virtual address, it's led by a solo founder who also serves as director and owner. The company regularly imports natural and modified starches, glues, and enzymes—four months of import activity were recorded, with the most recent in June 2024.

The company’s website reveals a management consultancy specializing in food retail, raw material sourcing, and manufacture. It offers services to help businesses succeed by evaluating their abilities and aligning them with their target market. Tenacity Business Solutions emphasizes its expertise in food science, agri experience, and a track record within the international retail world. The site also highlights its focus on quality, tenacity, and a determined, analytical mindset. It offers a complete retail consulting service, from assessment and planning to implementation and ongoing efficiency monitoring.

Financially, Tenacity Business Solutions Ltd presents a mixed picture. Current assets have surged by a staggering 580% to £850,000, while net assets have increased by 260% to £570. However, bank borrowings have also risen significantly—by 14%—reaching £21,000, and cash reserves have plummeted 90% to just £5,400. The company’s average number of employees has doubled to two. Creditors have increased dramatically, rising 1500% to £800,000, which could indicate increased investment or potentially a reliance on credit. The company's small size—meeting two of three conditions for a small company—helps it remain agile, but the sharp decrease in cash reserves is a cause for concern. The accounts are unaudited, likely due to the company’s small size.

While the consultancy services appear well-defined and the website projects an image of expertise, the financial data suggests a company potentially burning through cash. The significant increase in creditors, coupled with the decrease in cash reserves, warrants further scrutiny.

Registered in England/Wales under the registration number 10830073, with a registered address at SG14 1BP, England, Hertford, Hertfordshire, Manufactory House, Bell Lane.

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