Blue Chip Technology Limited

Blue Chip Technology Ltd from Chester UK is a small holding company with an active status, founded 29 years ago in 1995. Employing 30 people, the company holds assets valued at £3,268,527. With two directors and one owner, it operates from a real address and regularly imports electrical machinery and equipment (372 months) and exports machinery, boilers, and mechanical appliances; parts (111 months).

The company’s website, bluechiptechnology.com, showcases its expertise in embedded computer design, manufacture, and sales. They offer a range of products, including embedded boards, single-board computers, and industrial touchscreen systems, catering to industries like medical, automotive, and rail. They also provide custom electronics design services and support, including testing, diagnostics, and repair. The site emphasizes UK-based manufacturing, 30 years of experience, and reliable technical support.

Financially, Blue Chip Technology Ltd presents a mixed picture. Creditors decreased by 61%, which is good, but cash reserves increased by a whopping 120% to £1.4 million. However, net assets grew by 27% to £2.4 million, and bank borrowings decreased by 37%. Trade debtors also decreased by 9.2%. The company meets the criteria for a small business, with turnover less than £10.2 million and assets less than £5.1 million. No auditor is mentioned, likely due to the small company exemption.

The company’s increasing cash reserves suggest a healthy short-term position, but the fluctuating debtor and creditor balances could indicate challenges in managing working capital. The company’s focus on niche industrial computer solutions, combined with its UK-based manufacturing, positions it well for continued growth, though careful financial management will be key.

Registered in England/Wales under the registration number 03110403, with a registered address at CH3 9EX, Chester, Cheshire, Chowley Oak, Tattenhall.

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