Copernicus Technology Ltd

Copernicus Technology Ltd, based in Elgin, UK, is a small, active company established sixteen years ago in 2008. With seven employees and £267,104 in assets, it operates from a real address and is overseen by three directors and a single owner. The company’s core activity involves the irregular import and export of optical and medical tools and devices, with two months of import activity and one month of export activity recorded. It’s a quiet operation, with only one other company registered at its address.

The company’s website, while minimal, indicates a focus on research and experimental development within the natural sciences and engineering fields. It’s unclear if they have an e-commerce presence, but the focus seems to be on specialized services rather than direct sales. The company’s registration documents list Cannard Martin William, Hornby Rupert, and Cockram James David as directors, and Cockram Sharon as the owner.

Financially, Copernicus Technology Ltd presents a mixed picture. Cash bank on hand declined by 16% to £190,000, while creditors decreased by 14% to £78,000. Trade debtors, however, increased significantly by 76% to £80,000, which could indicate a shift in payment terms or an increase in sales. Fixed assets also decreased by 3.2% to £190,000. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the increase in debtors warrants attention. The accounts are abridged and unaudited, reflecting the company’s exemption as a small entity.

Overall, Copernicus Technology Ltd appears to be navigating a period of change. While the company is holding steady, the increase in debtors suggests a need for careful cash flow management.

Registered in Scotland under the registration number SC350102, with a registered address at IV30 8LR, Elgin, Morayshire, Birchfield House, Urquhart.

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