Expertage Limited

Expertage Limited is a small, active company based in Lewes, UK, founded 21 years ago in 2004. With just four employees and £11,304 in assets, it operates from a real address shared by only two other businesses. The company is led by one director and owner, Thomas Paul Ian. It’s a regular importer, specializing in plastics and plastic products, with 8 months of import activity recorded, the last in August 2022.

The company’s website, expertagent.co.uk, reveals a different story: Expert Agent provides cloud-based software for estate and letting agencies. It’s used in over 2,300 branches and offers a range of services, including property valuation tools, website design, and sales lettings software. The website emphasizes its long-standing presence (20 years), touchscreen-optimized software, and comprehensive support, aiming to transform the presentation and efficiency of its members. The company even offers disaster recovery services for damaged pianos.

Financially, Expertage Limited’s numbers paint a concerning picture. Current assets have plummeted 85%, dropping to just £11,000, while net assets have fallen a staggering 1300%, resulting in a negative £14,000. Bank borrowings have decreased by 69%, but cash reserves have also plummeted 80%, leaving just £11,000. Creditors have also decreased significantly, by 76%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit, so the figures are unaudited.

In short, while Expert Agent’s software business seems to be thriving, the underlying company, Expertage Limited, is facing considerable financial strain. The sharp decline in equity raises questions about its long-term viability, and the lack of cash reserves is a cause for concern.

Registered in England/Wales under the registration number 05051783, with a registered address at BN8 5QE, England, Lewes, East Sussex, First Floor, Estate Office Lewes Road, Ringmer.

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