Cope Technology Limited

Cope Technology Ltd from Kingswinford UK: a small, holding company with an active status, was founded 26 years ago. The company employs seven people and holds £2,003,238 in assets, operating from a real address with four directors and one owner. It’s an irregular importer of electrical machinery and equipment (last import in June 2022) and an irregular exporter of optical and medical tools and devices (last export in September 2023).

The company's website highlights its role as the "Midlands Premier Electronics Manufacturing Service." Cope Technology provides a range of services, including PCB assembly, design, prototyping, and testing, catering to clients seeking total flexibility and a holistic approach to electronics assembly. It’s clear they’re aiming for a specialist role, emphasizing competitive prices, reliable delivery, and quality guaranteed. A key differentiator is its employee ownership trust, established to recognize the dedication of its workforce and ensure everyone has a vested interest in the company’s success. The website also mentions a connection to Cope Electronics Limited, suggesting a broader group of companies.

Financially, Cope Technology Ltd’s recent performance presents a mixed picture. Current assets have fallen significantly, dropping by 49% to £2,000,000, while net assets have plummeted 59% to £1,400,000. Investments have surged by 600%, reaching £320,000, and bank borrowings have increased, though the exact figures aren’t detailed. Creditors have also risen by 16%, indicating a need to manage debt. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity suggests potential challenges. With no auditor mentioned, the financial statements are unaudited.

It’s likely the recent decrease in assets and equity is due to increased investments, perhaps to expand services or upgrade equipment. The company’s focus on employee ownership and its commitment to quality may help it navigate these challenges and continue to provide specialized electronics manufacturing services.

Registered in England/Wales under the registration number 03690556, with a registered address at DY6 7UF, Kingswinford, West Midlands, Building 32 Second Avenue, The Pensnett Estate.

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