Coworth Technologies Limited
- Small
- Active
- 14 years
- 2 employees
- £159,078 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Coworth Technologies Ltd, based in Aston Clinton, UK, is a small, active company founded thirteen years ago in 2011. With two employees and £159,078 in assets, it’s a solo-founded operation managed by a single director and owner. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts – 56 months of import activity and 36 months of export activity recorded.
The company operates in the wholesale of computers, computer peripheral equipment and software industries. Its website showcases a wide range of IBM hardware and related services, from network storage to server management. It appears to cater to businesses seeking legacy system support and specialized hardware solutions, with a focus on restoration and maintenance. While the site lists a vast inventory of IBM products, it’s unclear if the company holds stock or acts as a broker.
Financially, Coworth Technologies Ltd shows a mixed picture. Current assets remained relatively stable at £160,000, however, net assets decreased by 68% to £17,000. Bank borrowings increased significantly, reaching £11,000, and cash reserves dropped 34% to £33,000. Trade creditors rose by a substantial 140%, suggesting increased reliance on supplier credit. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the drop in equity raises questions. There is no auditor mentioned, so the figures are unaudited.
While the company appears to be maintaining its core business of importing and exporting, the financial data suggests it’s facing some pressures. Whether it can sustain its operations in the long term remains to be seen.
Registered in England/Wales under the registration number 07635517, with a registered address at HP22 5NP, United Kingdom, Aston Clinton, Buckinghamshire, 20 Hewgal Way.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 13 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
-
Confirmation statement made on 2024-11-25 with no updatesDownload 3 pages pdf report
-
Confirmation statement made on 2023-11-25 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Coworth Technologies Limited
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