Esi Technology Limited

Esi Technology Ltd, based in Wrexham, UK, is a small, active company established 34 years ago in 1990. With 49 employees and £3,235,019 in assets, it operates from a real address at the Wrexham Technology Park. The business is led by two directors, though no owners are officially listed. Esi Technology is a regular importer and exporter, specializing in optical and medical tools and devices—80 months of import activity and 219 months of export activity recorded.

The company’s core business revolves around the manufacture of electronic measuring, testing equipment, not for industrial process control industries. Its website is minimal, offering little insight into its online presence or e-commerce activities.

Financially, Esi Technology Ltd shows a mixed picture. Current assets have increased by a significant 33%, reaching £3,200,000, while net assets have also risen by 10%, hitting £2,700,000. However, bank borrowings have decreased by 11%, and cash reserves have fallen by nearly 5%, dropping to £230,000. Creditors have increased considerably, surging by 170%, reaching £890,000. The company’s small size—meeting two of three criteria for being a small company—allows for agility, but the increase in creditors suggests a need to manage debt effectively.

The company’s financial data also reveals some interesting trends. Accrued liabilities deferred income have increased substantially, jumping 1100%, while deferred tax liabilities have also increased by 62%. The company’s research and development policy indicates a focus on internal projects, and its tax policy emphasizes recognition in profit or loss. The company is audited by WR Partners.

Overall, Esi Technology Ltd appears to be a stable, albeit somewhat cash-constrained, business. The increase in creditors warrants close monitoring, but the company’s long-standing presence and consistent import/export activity suggest a resilient operation.

Registered in England/Wales under the registration number 02523392, with a registered address at LL13 7YP, Wrexham, Sensor House, Wrexham Technology Park.

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