Codelogic Aidc Ltd

Codelogic Aidc Ltd, based in Milton Keynes, UK, is a small, active company founded twelve years ago. With nine employees and £314,819 in assets, it operates from a virtual address, a detail worth noting as seventeen companies are registered at the same location. The business is led by three directors and owned by two individuals, though the full list of owners may not be exhaustive. Codelogic Aidc Ltd regularly imports and exports machinery, boilers, and mechanical appliances, parts—a consistent pattern spanning ninety-six months of imports and 128 months of exports, the latest activity recorded in February 1995.

The company’s website reveals a focus on barcode technology solutions. It’s not a typical e-commerce store; instead, Codelogic Aidc Ltd buys, sells, and repairs barcode scanners, mobile computers, label printers, and related equipment. They offer a range of services, including repair, refurbishment, and even a rental option. Notably, the site explicitly states they *don’t* sell online, preferring direct consultation with customers—a deliberate choice to ensure personalized advice and account for the many configurations available. They even have a section dedicated to explaining why they choose not to sell online.

Financially, Codelogic Aidc Ltd’s recent performance presents a mixed picture. Current assets have declined by 28% to £310,000, and net assets have fallen by 53% to just £3,300. Bank borrowings have also decreased significantly, dropping by 59% to £11,000, and cash reserves have plummeted 58% to £28,000. Trade debtors have also decreased by 12%, suggesting improved collection of payments. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the substantial drop in equity raises concerns. There’s no auditor mentioned, which is common for small companies.

The trend of declining assets and equity could be attributed to several factors, such as increased competition in the barcode technology sector or investments in new equipment. The company’s decision to avoid online sales, while strategic, may also limit its potential for growth. Overall, Codelogic Aidc Ltd appears to be navigating a challenging environment, relying on its expertise and personalized service to maintain its position in the market.

Registered in England/Wales under the registration number 08222220, with a registered address at MK17 8RF, Milton Keynes, Buckinghamshire, 9 High Street, Woburn Sands.

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