Computech Refurb Ltd

Computech Refurb Ltd, based in Hayes, UK, is a small, active company founded four years ago. With just one employee and £85,053 in assets, it operates an e-commerce site specializing in refurbished computers and related services. The company’s website, Computech Systems, LTD, highlights its focus on eco-friendly technology solutions, offering high-quality refurbished laptops and desktops, catering to work-from-home, gaming, and virtual school needs. It also provides tech support and even has a section dedicated to piano restoration through its 1066 Pianos division, which is a bit of a surprise.

The company imports electrical machinery and equipment sporadically, with the last import occurring in June 2022. It also exports machinery and mechanical appliances, though less frequently, with the last export in April 2022. The business seems to be doing retail sale of computers, peripheral units and software in specialised stores.

Financially, Computech Refurb Ltd presents a mixed picture. While current assets have increased by 160% to £85,000, equity has plummeted 230% to just £800. Bank cash has decreased significantly, dropping 99% to a mere £53. Creditors have risen sharply, increasing 150% to £84,000, which could indicate a reliance on credit to fund operations. The company’s small size—meeting two of three conditions for a small company—allows for flexibility, but the significant equity decline is concerning. The company is not audited, which is common for small businesses.

The company’s financial numbers suggest it's burning through money, rather than building reserves. While the e-commerce site appears active and well-reviewed, the financials reveal strain. Whether this is typical startup turbulence or a longer-term challenge remains to be seen—but for now, Computech Refurb Ltd is betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 12775286, with a registered address at UB3 2TW, United Kingdom, Hayes, 38 York Avenue.

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