Gurutech Limited

Gurutech Limited, based in Dagenham, UK, is a small, active company founded seven years ago. With just two employees and £417 in assets, it’s a solo-founder operation led by two directors and one owner. The company enjoys a stellar 5.0 Google rating from 25 reviews, suggesting a strong reputation. Gurutech Limited operates in the manufacture of communication equipment, retail sales via internet, and repair of communication equipment industries.

The company’s website isn’t readily available, so it’s difficult to determine the extent of its e-commerce activities. However, the business appears to be focused on providing communication equipment services.

Financially, Gurutech Limited presents a mixed picture. Current assets have dropped significantly, falling 79% to just £420. Liabilities have increased, with accrued liabilities rising 200% to £900. Bank borrowings have also increased substantially, jumping 130% to £54,000. Equity has decreased by a considerable 45% to -£81,000. It’s worth noting that the company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited and prepared under the small companies regime.

The sharp decline in equity and current assets, coupled with increased liabilities, suggests the company is facing financial pressure. It's possible that the business is burning through cash to fund operations, or that it’s experiencing difficulties collecting payments from customers. The increase in bank borrowings indicates a reliance on external financing. The lack of employees reported (just two) suggests a lean operation, but it also limits the company’s ability to scale. While the company’s strong Google rating indicates customer satisfaction, the financial data raises concerns about its long-term sustainability.

Registered in England/Wales under the registration number 11150874, with a registered address at RM8 3XX, United Kingdom, Dagenham, Essex, 7 Bennetts Castle Lane, Bennetts Castle Lane.

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