Atek Technology Limited

Atek Technology Limited, based in Beaconsfield, UK, is a small, active company founded 23 years ago in 2001. It employs just one person and holds £107,110 in assets, operating from a virtual address shared by 300 other companies. The company is led by two directors and owned by Ashburner Lesley Anne, the solo founder. Atek Technology regularly imports electrical machinery and equipment, with the last import operation recorded three months ago.

The company operates in the other business support service activities n.e.c. industries. While there’s no website to analyze, its business activities suggest a focus on providing specialized services, possibly related to technology or engineering.

Financially, Atek Technology’s picture is mixed. Current assets have increased significantly, jumping from £32,000 to £110,000—a good sign. However, cash reserves have vanished entirely, dropping from £12,000 to zero. Bank borrowings have also risen sharply, reaching £7,800. Creditors have increased substantially, from £32,000 to £110,000, which could indicate increased reliance on credit or delayed payments. Despite these challenges, trade debtors have surged, rising from £20,000 to £110,000 – perhaps reflecting a shift towards larger contracts or extended payment terms. 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 decrease in equity—from £420 to £1,200—suggests a need to carefully manage finances. As a small company, Atek Technology is exempt from an audit, so these are unaudited figures.

Overall, Atek Technology appears to be navigating a period of change. While asset growth is positive, the decrease in cash and increase in debt suggest it’s burning through money. The company’s future will depend on its ability to manage its finances and maintain a steady stream of revenue.

Registered in England/Wales under the registration number 04306676, with a registered address at HP9 2JH, United Kingdom, Beaconsfield, Bucks, C/O Azets Burnham Yard, London End.

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