Tess Management Limited

Tess Management Limited is a small, holding company based in London, UK, with an active trading status. Founded twenty-one years ago in 2003, the company employs six people and holds £2,541,517 in assets. It operates from a virtual address, registered at Clareville House, and is overseen by two directors and one owner. Tess Management Limited is an irregular importer, primarily dealing in clothing and accessories that aren't knitted or crocheted, with a single month of import activity recorded in 2017. The company’s activities are focused on support activities to performing arts industries.

The company’s website is unavailable, so it’s difficult to determine the exact nature of its operations beyond its registered activities. It’s likely that Tess Management Limited functions as an investment holding company, managing various interests within the performing arts sector.

Financially, Tess Management Limited presents a mixed picture. Current assets have decreased by 10%, dropping to £2,300,000, while bank cash has fallen by a significant 25%, now standing at £1,100,000. Trade debtors have increased by 18%, reaching £580,000, which could indicate expanding credit terms or delayed customer payments. Creditors have also decreased by 13%, suggesting better debt management. Equity has fallen by 9.2%, dropping to £1,800,000. The company's small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity and cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited.

While the company’s financial health isn’t dire, the trends suggest a need for careful management. The decrease in cash reserves, in particular, could pose a challenge if unexpected expenses arise.

Registered in England/Wales under the registration number 04818565, with a registered address at SW1Y 4EL, England, London, Fifth Floor, Clareville House 26-27 Oxendon Street, St. James's.

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