Baulogic Uk Ltd

Baulogic UK Ltd is a small, holding company based in London, UK, with an active trading status. Founded five years ago in July 2019, the company holds £164,392 in assets and operates from a real address at 90 High Holborn. It’s managed by two directors and one owner, and is engaged in other information technology service activities and business support services. Notably, Baulogic is an irregular importer of electrical machinery and equipment, with its last import operation occurring in August 2024.

The company’s website highlights its focus on "home automation made simple," offering smart home products, energy data management, and design consultation services. It caters to a range of clients, from residential developers to commercial businesses, and emphasizes its commitment to “planet-conscious innovation.” Baulogic's products aim to create a transformational, energy-efficient lifestyle, connecting homeowners and maximizing energy efficiencies. It seems like they're trying to be a one-stop shop for all things smart home.

Financially, Baulogic UK Ltd presents a mixed picture. While current assets increased by a respectable 73% to £160,000, net assets took a significant hit, plummeting 91% to -£240,000. Cash bank on hand, however, saw a massive 520% increase to £20,000—a positive sign. Trade debtors decreased by 9.2%, suggesting better collection practices, but creditors rose 27% to £230,000. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the substantial equity decline warrants attention. No auditor is mentioned, which is common for small, exempt companies. The large increase in other inventories, up 110% to £110,000, could indicate a build-up of stock, which may or may not be a good thing.

Registered in England/Wales under the registration number 12114104, with a registered address at NN9 6GR, England, Wellingborough, East Northamptonshire Enterprise Centre Michael Way, Raunds.

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