Data City Computers Ltd

Data City Computers Ltd, based in Farnham, UK, is a small, active company founded 17 years ago. With £64,021 in assets, it operates from a real address and is managed by two directors and a single owner, who is also the solo founder. The company is an irregular importer, bringing in electrical machinery and equipment for about one month, with the last import occurring in April 2024. It’s involved in information technology consultancy activities.

The company's website highlights its core product: Polygonal, a multi-dimensional insurance system. It also offers a data warehouse service, presenting online data in a user-friendly way. City Computers positions itself as an independent IT company, developing and maintaining its own software in-house, unlike many firms relying on offshore development. The site emphasizes its British heritage and private ownership.

Financially, Data City Computers Ltd presents a mixed picture. Current assets have decreased by 33%, dropping to £64,000. Bank borrowings have slightly reduced, but cash reserves have increased by 71% to £9,400. Creditors have decreased significantly, and net assets have increased by 3.8% to £43,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in current assets is something to watch. No auditor is mentioned, as the company is exempt as a small entity.

The company’s financial data shows a trend of decreased assets, which could be due to investments or increased operational expenses. It’s possible the company is burning through cash to grow its Polygonal software or expand its data warehouse services. The lack of employees reported—zero—suggests a lean operation, but it also limits the company’s ability to scale. The company's unaudited accounts, prepared using Taxfiler software, are a good indication of its current status, but more information would be needed to fully understand the financial health of Data City Computers Ltd.

Registered in England/Wales under the registration number 06297858, with a registered address at GU9 8HT, England, Farnham, Surrey, 8 Abbey Business Park, Monks Walk.

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