Inspire Technology Limited

Inspire Technology Ltd from Rugby UK is a small, active company founded fifteen years ago. With twelve employees and £3,156,945 in assets, it’s a modest operation led by a solo founder and two directors. The company, based at a real address, regularly imports and exports electrical machinery and equipment – 110 months of imports and 123 months of exports recorded. It operates within the wholesale of electronic and telecommunications equipment and parts industries.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales strategy. It’s unclear if it operates an e-commerce site or primarily engages in wholesale distribution.

Financially, Inspire Technology Ltd presents a mixed picture. Current assets increased by 12%, reaching £3,200,000, while net assets grew by 13%, standing at £4,000,000. Cash reserves saw a healthy increase of 15%, reaching £1,700,000. However, trade debtors experienced a significant drop of 23%, falling to £930,000, which could indicate issues with customer payments. Creditors also decreased by 57%, to £110,000, suggesting improved debt management. The company's small size—meeting two of three conditions for a small company—allows for agility, but the decrease in debtors warrants attention. The company’s auditor, Cottons Specialist Services Limited, provided an unaudited report.

The company's consistent import and export activity suggests a stable business model, but the fluctuating debtor figures indicate a need for careful financial management. It’s possible that the company is experiencing a period of growth, but the financial data requires close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 06949739, with a registered address at CV21 3XH, England, Rugby, Unit 4 Sir Frank Whittle Business Centre, Great Central Way.

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