Burgess Technologies Limited

Burgess Technologies Limited, based in Stockport, UK, is a small, active company founded eight years ago in 2017. With three employees and £61,116 in assets, it operates from a virtual address shared by 466 other companies, a fact that’s a little unusual. The company is led by a single director and owner, Paul Burgess, and is classified as a solo founder. It regularly imports electrical machinery and equipment – 5 months of import activity recorded – and occasionally exports similar items, with just 2 months of export activity. The company’s website is currently unavailable, so it’s difficult to ascertain exactly what they do.

Burgess Technologies Limited operates within the “other business support service activities n.e.c.” industry. While this is a broad category, it suggests a focus on providing support services to other businesses, potentially including IT support, consultancy, or administrative services.

Financially, Burgess Technologies Limited shows a mixed picture. Cash bank on hand increased by a substantial 64% to £48,000, a positive sign of improved liquidity. However, net current assets liabilities decreased by 2.4% to £44,000. Trade debtors have significantly reduced by 52%, dropping to £13,000, which could indicate better collection practices or a shift in business strategy. On the downside, creditors increased by 57% to £17,000, and other taxation social security payable has risen sharply by 110% to £12,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the financial statements are unaudited.

Overall, Burgess Technologies Limited appears to be navigating a period of change. While cash flow has improved, rising liabilities suggest a need for careful financial management. The lack of a website makes it difficult to assess the company's current operations and future prospects.

Registered in England/Wales under the registration number 10727442, with a registered address at SK1 1YJ, England, Stockport, Cheshire, Mynshull House, 78 Churchgate.

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