Cannon Technologies Group Limited

Cannon Technologies Group Ltd, based in New Milton, UK, is a 28-year-old holding company with an active status and a Google rating of 4.0 based on three reviews. Employing 59 people and boasting a real address with three registered companies at the same location, the family business is led by three directors and two owners. It regularly imports electrical machinery and equipment (21 months) and exports furniture, lighting, and prefabricated buildings (17 months).

The company’s website showcases its expertise in data enclosure solutions, particularly for modular data centres and communications infrastructure. Cannon designs and manufactures both standard and custom enclosures, catering to indoor and outdoor applications. A key focus is on providing efficient data centres, with a product finder allowing customers to filter by industry, category, and more. The site also highlights its work with clients, awards, and news updates, including registration with JOSCAR and recognition from the Uptime Institute.

Financially, Cannon Technologies Group Ltd presents a mixed picture. While average employee numbers increased by 19% to 70, net assets decreased by 2.0% to -£52,000. Bank borrowings remained unchanged at zero, and cash reserves held steady at £5. However, creditors increased slightly to £120,000. The company’s profit loss, however, dramatically improved, jumping from -£320,000 to a positive £69,000 – a significant turnaround. Despite the losses, the company’s assets remain at £70,000. With no auditor mentioned, the financial statements are unaudited.

The company’s shift toward profitability suggests a successful strategy, though the negative equity warrants close monitoring. Cannon Technologies Group Ltd appears to be navigating challenges and capitalizing on opportunities in the data enclosure market, with a strong emphasis on innovation and customer service.

Registered in England/Wales under the registration number 03216903, with a registered address at BH25 5NU, New Milton, Hampshire, 13 Queensway, Stem Lane Industrial Estate.

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