Curious Tech Ltd

Curious Tech Ltd is a small, active company from Cardiff, UK, founded five years ago in April 2019. Despite its active status, the company is overdue on both its accounts (by a year) and confirmation statement (eleven months), and employs just four people. It holds £49,556 in assets and operates from a real address, managed by a single director and owner who is also the solo founder. The company operates in the retail sale via mail order houses or via internet industries.

The company's website is currently unavailable, making it difficult to assess its current operations. It's unclear if Curious Tech Ltd is actively engaged in e-commerce or if the website is simply offline.

Financially, Curious Tech Ltd presents a mixed picture. While current assets have increased by 54% to £50,000, net assets have decreased by 67% to -£28,000. Bank borrowings have also decreased, but cash reserves have fallen by 40% to £11,000. Creditors have increased significantly, by 190%, and other creditors have increased by 460%. Disposals of property, plant and equipment have remained constant, and depreciation has also remained constant. 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 stay nimble, but the equity drop is concerning. With no auditor mentioned, the figures rely on unaudited statements.

The company’s financial data suggests it’s facing challenges, possibly burning through cash. The increase in creditors could be a sign of strained finances, although it could also indicate the company is expanding its operations. The decrease in equity is a significant concern and may require further investigation.

Registered in England/Wales under the registration number 11956055, with a registered address at CF14 8LH, Cardiff, 11956055 - COMPANIES HOUSE DEFAULT ADDRESS.

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