Asc Technology Limited

Asc Technology Limited, based in Manchester, UK, is a small, active company founded five years ago. With five employees and £147,121 in assets, it operates as a solo-founder venture, managing an e-commerce site. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 34 months of import activity and 28 months of export activity. It’s a real address, and there's one director.

The company's website showcases a wide range of gaming PC components and accessories, from laptops and monitors to keyboards and controllers. It's clearly aimed at PC gaming enthusiasts, with a focus on high-performance hardware and competitive pricing. The site has a blog, and the site is well designed.

Financially, Asc Technology Limited’s numbers present a mixed picture. Cash bank on hand has plummeted 81%, dropping to just £3,100—a significant decrease. Creditors have risen sharply, increasing by 74% to £150,000, which could indicate increased reliance on short-term financing. However, net assets have increased by 190% to £40,000, suggesting an overall improvement in equity. Trade debtors remained stable at £25,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves is a concern. There's no auditor mentioned, so the figures are unaudited.

The company’s focus on the gaming market is a positive sign, but the financial data suggests it's burning through cash. Whether it can sustain this growth trajectory remains to be seen—but for now, Asc Technology is betting on the continued popularity of PC gaming.

Registered in England/Wales under the registration number 12108705, with a registered address at M17 1WA, England, Manchester, Unit 6 Severnside Trading Estate Textilose Road, Trafford Park.

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