Devoteam Uk Ltd

Devoteam Uk Ltd, based in London, is a large, active company founded thirty years ago in 1995. Employing 136 people and holding assets of £11,512,388, it generated £27,129,235 in revenue last year. The company operates from a real address and is overseen by three directors and two owners. It has a Google rating of 3.0 based on six reviews, and is an irregular importer of electrical machinery and equipment, with its last import operation occurring two months ago.

Devoteam Uk Ltd functions as a holding company, and operates within the other information technology service activities industries. Its website is currently unavailable, making it difficult to assess its direct engagement in e-commerce.

Financially, the company presents a mixed picture. While revenue increased by 4.5% to £27 million, net assets decreased by 16% to £4.3 million. Cash reserves dropped by 10% to £2.9 million, and bank borrowings surged by 2400%, reaching £29,000. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million, balance sheet total over £18 million, and employees more than 250. Bishop Fleming LLP served as the auditor.

The increase in bank borrowings and decrease in cash reserves could indicate increased investment or working capital needs, while the decrease in net assets suggests a decline in equity. The lack of employees (136) is notable given its size and revenue. The company's irregular import activity suggests a focus on specific electrical equipment, and the Google rating of 3.0 suggests room for improvement in customer satisfaction.

Registered in England/Wales under the registration number 03047188, with a registered address at SE1 2QG, England, London, 5th Floor, Cottons Centre, Hay's Lane.

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