Tended Ltd

Tended Ltd, based in Lincoln, UK, is a small holding company with an active status, established eight years ago in 2017. Employing 25 people, the company holds assets totaling £783,446 and operates from a real address at the Boole Technology Centre. Six directors and two owners manage the business, with ownership lists changed one month ago. Tended Ltd regularly imports electrical machinery and equipment, having done so for the last six months, with the most recent import occurring in February 2024.

The company’s website highlights a focus on transforming safety across high-risk industries, offering a product called “Tended” which combines geofencing technology, wearables, and behavioral science to prevent accidents. It caters to sectors like rail, construction, and utilities, providing solutions for employee privacy, customer experience, and project management. The website emphasizes trust and provides case studies from industry leaders, showcasing the technology's ability to improve safety and efficiency. It even offers a free onsite demo to potential clients.

Financially, Tended Ltd presents a mixed picture. While current assets increased by 40% to £780,000, net assets decreased by 26% to -£660,000. Bank borrowings have surged by 170% to £20,000, and cash reserves have increased by 55% to £340,000. Creditors have also decreased by 1.8% to £710,000. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the decline in equity is a concern. The company is exempt from an audit, so the figures are unaudited. The increase in average employees reported, from 25 to 32, suggests expansion, but whether this growth is sustainable given the financial pressures remains to be seen.

Registered in England/Wales under the registration number 10732693, with a registered address at LN6 7DJ, England, Lincoln, Lincolnshire, Boole Technology Centre, Beevor Street.

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