Base It Ltd

Base It Ltd is a small, family-run business, active since 1995, with a real address in London and four employees. The company holds £469,665 in assets and is overseen by three directors and two owners. It’s a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 25 months of import activity and 48 months of export activity recorded. The company operates in the other information technology service activities industries.

The company’s website highlights a focus on hardware lifecycle services, offering maintenance, buyback, and data erasure solutions for server, data storage, and networking hardware. It caters to businesses seeking to extend the life of their IT equipment and offers a range of services, including hardware spares, data platform migrations, and consultancy. The website also features a section dedicated to selling used IT assets, promising quick valuations and secure collection.

Financially, Base It Ltd shows a mixed picture. Cash reserves increased significantly by 26%, reaching £350,000, while creditors decreased by 31%, dropping to £190,000. However, bank borrowings decreased by 48%, falling to £11,000, and trade debtors also decreased by 30%, dropping to £120,000. Equity increased by a substantial 93%, reaching £300,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size. The significant increase in equity suggests a positive trend, but the decrease in trade debtors could indicate challenges in collecting payments.

Registered in England/Wales under the registration number 03047011, with a registered address at SW1V 2NE, 140a Tachbrook Street, London.

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