Firefly Technology Limited

Firefly Technology Ltd, based in London, UK, is a small holding company with an active status, having been incorporated 24 years ago in December 2000. Employing just six people, the company holds assets worth £1,872,649, but operates from a virtual address – a detail flagged by the fact that 894 other companies are registered at the same location. Two directors and one owner (though the owner list isn’t exhaustive) steer the ship. The company is an irregular importer, primarily dealing in aircraft, spacecraft, and their parts, with a recent import recorded in June 2022.

The company’s website reveals a focus on representing high-tech semiconductor manufacturers, acting as an outsourced sales and support team. They develop new business for their principals by creating demand and exploring new markets, complementing existing OEM sales channels. Originally focused on the UK military and aerospace markets with high-value mixed-signal ICs, Firefly Technology has expanded its experience to include RF, power, FPGAs, and digital ICs, now working with companies like Infineon, International Rectifier, Analogix, and more. They operate across Europe, offering services from presales and evaluation boards to software development kits. The website highlights their expertise in embedded, video, memory, storage, and power technologies, catering to industries like gaming, industrial controls, and automation.

Financially, Firefly Technology Ltd presents a mixed picture. While current assets increased slightly to £1,900,000, bank cash reserves plummeted by a staggering 98% to just £18,000. Trade debtors have also risen significantly, increasing by 120% to £1,900,000. On a more positive note, creditors decreased by 15%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited. The sharp decrease in cash reserves is a cause for concern, though it could be linked to increased trade receivables. The company’s long-standing presence and diverse range of partnerships suggest resilience, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 04123381, with a registered address at OX2 7DY, England, Oxford, 264 Banbury Road.

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