Insightful Technology Limited

Insightful Technology Ltd, based in London, UK, is a small, active company founded eleven years ago in 2014. With eighteen employees and £2,337,252 in assets, it generates a yearly revenue of £5,830,986. The company has two directors and one owner, Houghton Robert David, and operates from a real address in London’s Royal Exchange. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the latest import activity recorded two months ago.

The company’s website showcases its focus on compliance and risk management for businesses in highly regulated industries. It offers a suite of tech-led solutions, including recording solutions for platforms like Microsoft Teams, Zoom, and Webex. Insightful Technology positions itself as a partner, helping teams effectively use its platform and meet corporate risk requirements. The website highlights its expertise in data-driven business improvement, offering solutions for archiving, e-discovery, surveillance, and data privacy. It even has a reseller program.

Financially, Insightful Technology Ltd presents a mixed picture. While turnover increased by a healthy 50% to £5.8 million, net assets have increased significantly to £1.2 million. However, bank borrowings have increased by a substantial 2,400%, reaching £29,000. Cash reserves have fallen 30% to £360,000, and trade debtors have ballooned by 190%, suggesting potential issues with customer payments. The company’s small size—meeting two of three criteria for a small company—helps it remain agile. There's no auditor mentioned, which is likely due to its status as a small company.

The increase in bank borrowings, while concerning, could be linked to investments in growth or expansion. The substantial rise in trade debtors may indicate a need to tighten credit terms. Overall, Insightful Technology Ltd appears to be a growing company, but it’s important to monitor its debt levels and customer payment trends.

Registered in England/Wales under the registration number 08881788, with a registered address at EC3V 3LN, England, London, First Floor, No 2 Royal Exchange, Royal Court.

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