Deer Technology Ltd

Deer Technology Ltd, based in Port Talbot, UK, is a small, active company founded eleven years ago in 2014. With ten employees and £277,383 in assets, it operates from a real address within the Baglan Bay Innovation Centre. The company is led by five directors, though no owners are officially listed. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances—parts, with the latest import activity recorded two months ago in January 2025.

The company’s operations extend to the manufacture of computers and peripheral equipment, as well as loaded electronic boards. Its website is currently unavailable, so it’s difficult to assess its e-commerce presence or direct sales channels.

Looking at the financial data, Deer Technology Ltd’s situation appears concerning. Accumulated amortisation impairment for intangible assets increased by 46%, and depreciation for property, plant, and equipment rose by 50%. The number of employees decreased by a significant 30%, dropping to just seven. Cash reserves have plummeted by a dramatic 85%, leaving only £30,000 remaining. Convertible bonds increased by 20%, and creditors have ballooned by 190%, suggesting a reliance on external financing. On a positive note, corporation tax recoverable increased by 160%, and debtors have risen by 180%, possibly reflecting increased sales. Equity has taken a severe hit, decreasing by 19%, and net assets liabilities have increased by 2200%.

Despite meeting two of three criteria to be classified as a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the sharp decline in cash and equity is a red flag. The company’s irregular import activity, coupled with the lack of a clear online presence, adds to the uncertainty. The absence of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 08990671, with a registered address at SA12 7AX, Wales, Port Talbot, Baglan Bay Innovation Centre, Central Avenue.

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