Dovecote Technologies Ltd

Dovecote Technologies Ltd, based in Nantwich, UK, is a small, active company founded three years ago. With two employees and £37,900 in assets, it operates from a real address and is overseen by two directors and owners. The company irregularly imports and exports optical and medical tools and devices, with recent activity recorded in June and August of this year. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, Dovecote Technologies, positions itself as a specialist in laser design and safety. It offers consultancy, prototype development, and laser safety expertise, catering to businesses needing custom laser solutions. The site highlights “expertise, flexibility, and reliability,” and includes a blog with helpful content on laser safety. It’s clear they are not an e-commerce business, but rather a service provider offering specialized engineering and consultancy services.

Financially, Dovecote Technologies Ltd presents a mixed picture. Cash reserves increased by 47% to £28,000, which is good. However, retained earnings and accumulated losses decreased significantly, dropping 73% to £30,000. Trade debtors increased dramatically, ballooning by 340% to £9,800, suggesting potential issues with customer payments. Creditors also decreased by 68%, which is a positive sign. The company’s small size and lack of employees (just two) allows for agility, but the significant equity decline warrants further investigation. No auditor is mentioned, likely due to the company’s exemption as a small company.

Overall, Dovecote Technologies Ltd appears to be a small, specialized engineering firm navigating the challenges of growth. While the increased cash reserves are encouraging, the rise in trade debtors and the drop in equity suggest a need for careful financial management.

Registered in England/Wales under the registration number 13620987, with a registered address at CW5 6AS, England, Nantwich, The Dovecote Stoke Hall Lane, Stoke.

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