Breathe Technologies Ltd

Breathe Technologies Ltd from Warrington UK: a small, active company founded fifteen years ago, employs twenty people, and holds assets worth £1,790,603. With four directors and two owners, the company operates from a real address and regularly imports machinery, boilers, and mechanical appliances—parts, with eleven months of import activity recorded.

The company’s website, Breathe Technologies, describes itself as specializing in business and domestic software development, as well as other professional, scientific, and technical activities. While no e-commerce functionality is apparent, the site suggests a focus on providing software solutions and technical services, though specific details are lacking. It’s not clear if the company is directly selling software or providing consulting services.

Financially, Breathe Technologies Ltd presents a mixed picture. Current assets decreased by 5%, dropping to £1,800,000, while net assets increased significantly by 200%, reaching £440,000. Bank borrowings remained stable, however, cash reserves increased by 120%, reaching £1,100,000. Creditors decreased by 6.5%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. The increase in net assets, alongside the stable bank borrowings, is a positive sign, but the decrease in current assets warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The company's retained earnings have increased significantly, which could be due to a period of profitability. The increase in cash reserves is also a positive indicator, suggesting the company has sufficient liquidity to meet its short-term obligations. However, the decrease in current assets, while not alarming, should be monitored closely to ensure the company maintains a healthy working capital position.

Registered in England/Wales under the registration number 07019000, with a registered address at WA4 4AB, England, Warrington, Techspace Two Keckwick Lane, Daresbury.

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