Tiarah Ltd

Tiarah Ltd is a small, active company based in London, UK, founded eight years ago in 2016. It operates from a real address and is led by one director and one owner. The company’s core business revolves around retail sales via mail order and internet, offering a range of products and services.

The company's website showcases a focus on investor tax reporting solutions, wealth management software, and tax reporting software for custody assets. It’s a SaaS provider, offering “TIARA” software designed to automate processes and expedite client reporting. The site also mentions "Securitease" and provides contact information, including links to Facebook and LinkedIn. It’s clear that Tiarah Ltd isn's just a retail operation, but a technology-driven business serving financial institutions.

Financially, Tiarah Ltd presents a mixed picture. Cash reserves have decreased by 35%, falling to £20,000, while creditors have remained relatively stable. Equity has taken a hit, dropping 52% to -£3,700, and net assets have also declined significantly. Net current assets have fallen by 58%, and bank borrowings are stable. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, and the figures are unaudited. It's interesting to note that the company has claimed exemption from reporting disclosure related party transactions.

The decline in equity and net assets, alongside the drop in cash reserves, suggests the company may be burning through money, typical of a startup phase. However, the stable creditor levels and lack of employee expenses (zero reported) indicate some level of cost control. The focus on SaaS solutions and investor tax reporting suggests a potential for recurring revenue, which could stabilize the company's financial position in the long run.

Registered in England/Wales under the registration number 10142741, with a registered address at W2 2DD, England, London, 114 The Water Gardens Burwood Place.

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