Transact Technology Solutions Ltd
- Active
- Large
- Holding
- 15 years
- 41 employees
- £6,029,771 (assets)
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- London
- E-commerce
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Website
Phones
Summary
Transact Technology Solutions Ltd, based in St. Albans, UK, is a sizable holding company with an active status, having been established fifteen years ago in 2010. Employing forty-one people and boasting assets of £6,029,771, the company operates from a real address and is managed by two directors and one owner. A key aspect of their operations is an e-commerce site, alongside regular import and export activities focused on electrical machinery and equipment—nineteen months of imports and eighty months of exports recorded.
The company provides cloud services, workspace technology, and professional services, working with global clients to drive business change through advising, designing, implementing, and supporting transformative technologies. They have a dedicated IT infrastructure team and operate an online e-procurement portal for streamlined purchasing. Case studies highlight their work in cloud migration, data analytics, and infrastructure upgrades for various clients, including Lexhag Visual Effects and Ted Baker. Customer testimonials emphasize the company's expertise and the benefits clients have experienced, such as cost optimization and improved data management.
Financially, Transact Technology Solutions Ltd shows a mixed picture. Current assets decreased by 13% to £6,000,000, while net assets dropped 48% to -£850,000. Bank borrowings decreased by 42% to £170,000, and cash reserves increased significantly by 280% to £240,000. Staff costs decreased by 26%, and net losses increased by 20% to -£790,000. The company's turnover is substantial, meeting the criteria for a large company—more than £36 million—and its significant assets indicate a stable, albeit challenging, financial position. The lack of an auditor mentioned suggests the company is exempt from mandatory auditing. The surge in bank borrowings, despite the increased cash reserves, could indicate investments in growth or a need to manage short-term liabilities. The decrease in net assets, however, raises questions about long-term profitability and equity erosion.
Registered in England/Wales under the registration number 07135424, with a registered address at WC1V 7PB, England, London, Levels 1,3,4 And 6 322 High Holborn.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 4 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 11 years
- 2
-
Resident of United Kingdom
-
Individual
- 11 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
-
Previous accounting period extended from 2024-12-31 to 2025-06-30Download 1 page pdf report
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Registered office address changed from Unit 14 st Albans Enterprise Centre Porters Wood St. Albans AL3 6EN England to Levels 1,3,4 and 6 322 High Holborn London WC1V 7PB on 2025-09-05Download 1 page pdf report
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Satisfaction of charge 071354240001 in fullDownload 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Transact Technology Solutions Ltd
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