Computart Limited

ComputArt Ltd, based in London, UK, is a small, active company founded seven years ago in 2017. With two employees and £77,658 in assets, it operates from a virtual address shared by many other companies – a bit odd, really. It’s a family business with one director and two owners, and boasts a stellar 5.0 Google rating from eleven reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import operation occurring three months ago in November 2022.

ComputArt specializes in providing EPOS (Electronic Point of Sale) and eCommerce software solutions for retail and hospitality businesses. Their website highlights comprehensive EPOS systems, feature-rich eCommerce platforms, inventory management tools, and payment processing solutions. They also offer services like EPOS system integration, eCommerce development, and tailored solutions for specific business needs. It’s clear they’re targeting businesses looking to streamline their operations and enhance their online presence.

Financially, ComputArt Ltd’s recent performance paints a mixed picture. Current assets have decreased by a significant 33%, dropping to £78,000, while net assets have fallen even further, down 42% to £46,000. Bank borrowings have increased substantially, jumping 110% to £18,000, and cash reserves have shrunk by 8.5% to £56,000. Creditors have also risen considerably, increasing 470% to £5,100 – a bit concerning. The company meets two of the three conditions to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the lack of an auditor (likely exempt due to its small size) means the figures are unaudited.

Overall, ComputArt Ltd appears to be navigating a period of financial pressure, with declining assets and rising debt. However, its strong Google rating and focus on specialized software solutions suggest a potential for future growth, although it's important to note that the company’s virtual address and the lack of clear financial stability could be points of concern.

Registered in England/Wales under the registration number 11109735, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street.

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