42 Technology Limited

42 Technology Limited, based in St. Ives, UK, is a small holding company with an active status, established 23 years ago in December 2001. The company employs 49 people and holds assets totaling £5,003,486. It operates with seven directors and is owned by 42 Technology Group Ltd. The business regularly imports and exports optical and medical tools and devices, with 8 months of import activity and 3 months of export activity.

The company’s core business revolves around providing business intelligence solutions for retail decision-makers. Its platform caters to various users, including merchandisers, digital specialists, and retail teams, offering reporting capabilities across multiple channels like e-commerce, brick-and-mortar stores, and marketplaces. 42 Technology Limited’s website highlights its focus on providing fast, accurate retail reporting, eliminating the need for ad hoc reports and manual data manipulation. It emphasizes integrations with various systems and offers customizable dashboards with built-in retail metrics and visualizations.

Financially, 42 Technology Limited demonstrates some interesting trends. Accumulated amortisation for intangible assets has grown by 67%, while depreciation for property and plant equipment has increased by 23% and 24%. Average employee numbers have risen significantly by 27% to 62, suggesting growth in operations. However, cash bank on hand has increased by 45% to £2,600,000, and creditors have increased by 51% to £1,500,000. Bank borrowings have decreased by 40% to £220,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, 42 Technology Limited appears to be growing, but its financial health needs to be monitored closely. The company’s focus on providing valuable business intelligence solutions for the retail sector positions it well for continued success, but managing its financial obligations will be crucial.

Registered in England/Wales under the registration number 04341237, with a registered address at PE27 4LG, England, St. Ives, 5/6 Meadow Lane.

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