Computer Wizard Limited

Computer Wizard Limited, based in Hornchurch, UK, is a small, holding company with an active status. Established twenty years ago in 2004, the company operates from a virtual address – a point of interest as 311 other companies are registered at the same location – and is managed by one director and one owner. It’s a regular importer of machinery, boilers, and mechanical appliances, with six months of import activity recorded, and an irregular exporter of electrical machinery and equipment, with two months of export activity.

The company’s website, Computer Wizard, presents itself as a reliable supplier to the retail, trade, and online markets, emphasizing a friendly service and prompt, professional support. Founded in 1994 by Geraint Whitley, it’s now a family-run business. The site highlights services including equipment supply, servicing, repairs, and technical support. A separate venture, 1066 Pianos, is also mentioned, specializing in high-end piano restoration—a surprising diversification from the core business.

Financially, Computer Wizard Limited's recent report reveals a concerning trend. Equity plummeted by a staggering 100%, dropping to just -£1, while net current assets liabilities also fell 100% to zero. Creditors have also vanished, decreasing by 100% to zero. Bank borrowings, however, increased significantly. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 25 employees. No auditor is mentioned, likely due to the company’s small size.

In short, Computer Wizard Limited is facing financial headwinds, despite its established reputation and diverse ventures. The sharp decline in equity suggests potential challenges, although the company’s agility as a small business may help it navigate these pressures.

Registered in England/Wales under the registration number 05289627, with a registered address at RM11 1XP, United Kingdom, Hornchurch, Essex, Suite 1 Concept House, 23 Billet Lane.

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