Kpit Technologies (uk) Limited

KPIT Technologies (uk) Limited, based in Ruislip Manor, UK, is a sizable company with a 28-year history, currently employing 79 people. It operates as a holding company and has an active status. The company holds £17,208,722 in assets and generates a yearly revenue of £34,484,470. While it has a registered address, it’s likely a virtual one, as 72 companies share the same location. The company is managed by five directors and has one owner, and enjoys a perfect 5.0 Google rating based on one review. It's an irregular importer of electrical machinery and equipment, with its last import operation occurring two months ago.

KPIT Technologies (uk) Limited is deeply involved in the automotive industry, providing software and systems expertise to automakers worldwide. Its website highlights a focus on areas like autonomous driving, electric vehicles, and connected car technologies. They offer services ranging from virtual engineering and integrated diagnostics to cloud-based solutions and vehicle engineering design. The company's website showcases its work with passenger cars, trucks, and off-highway vehicles, emphasizing its ability to accelerate development and simplify vehicle architecture transitions. They also have a subsidiary, Somit Solutions Limited, which specializes in cloud-based vehicle diagnostics.

Financially, KPIT Technologies (uk) Limited shows some interesting trends. While cash and cash equivalents increased by 29%, to £4.7 million, net assets grew by a more substantial 30%, reaching £29 million. However, administrative expenses rose by 22%, to £2.6 million, and turnover increased by 47%, to £34 million. Bank borrowings also increased significantly, by 50%, to £3.8 million. The company’s debtors increased by 59%, and creditors increased by 71%, suggesting a possible need to manage cash flow. The company’s net loss decreased by 51%, to £2.2 million. The company’s auditor is Menzies LLP. These figures, while positive overall, could indicate a period of investment and growth, with associated costs.

Registered in England/Wales under the registration number 03264570, with a registered address at HA4 6BP, Ruislip Manor, Middlesex, Gautam House, 1-3 Shenley Avenue.

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