Tictac Communications Limited

Tictac Communications Ltd is a small, active company founded 25 years ago in 2000, employing just four people and holding assets worth £437,410. Based in London with a real address and managed by two directors (though no owners are listed), it maintains a respectable Google rating of 4.0 from two reviews. The company operates in the professional, scientific, and technical activities sector and is an irregular importer, with its top import category being organic chemicals, last imported two months ago in January 2024.

The company’s website showcases a unique and specialized business: drug identification and analysis. It offers services to criminal justice and healthcare sectors, including drug analysis, visual identification systems, spectral libraries, and assessment of drug analysis instruments. The site highlights a vast image library and a focus on new psychoactive substances, positioning Tictac as a leader in this niche area. It’s a trusted provider, boasting a long heritage and serving a wide range of organisations from police forces to hospitals and pharmaceutical companies.

Financially, Tictac Communications Ltd shows a mixed picture. Current assets increased by 20% to £440,000, while net assets also rose by 11% to £260,000. Bank borrowings increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's financial data suggests a period of growth, but also increased reliance on borrowing. It’s possible the company is investing in new equipment or expanding its services—but the lack of detail makes it difficult to say for sure. The reliance on a small number of employees and the niche nature of its business could make it vulnerable to changes in the market, but its expertise and established reputation provide a strong foundation.

Registered in England/Wales under the registration number 03967136, with a registered address at SW6 4QP, Harwood House 43 Harwood Road, London.

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