Abp Technology Limited

Abp Technology Ltd from Bolton UK is a small holding company with an active status, founded eight years ago in 2016. The company employs 18 people and holds assets valued at £5,146,661. It has a real registered address and is managed by three directors and two owners. The company regularly imports and exports electrical machinery and equipment, with 143 months of import activity and 58 months of export activity recorded.

The company operates in the wholesale of computers, computer peripheral equipment and software industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website is not available for analysis.

Financially, Abp Technology Ltd shows some interesting trends. Accumulated amortisation impairment intangible assets increased by 14%, while bank borrowings surged by a substantial 180%. Cash reserves, however, grew by 15% to £770,000. Trade debtors increased significantly by 64%, potentially indicating a need to manage customer payments more effectively. Creditors also increased by 22%, which could be due to increased supplier activity. Net assets increased by 52% to £1.9 million. The company’s small size helps it stay agile, but the increase in bank borrowings and the increase in trade debtors are worth keeping an eye on. No auditor is mentioned, likely due to the company’s small size and exemption from audit.

Registered in England/Wales under the registration number 10220411, with a registered address at BL2 1BX, England, Bolton, 1 Merchants Place, River Street.

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