Loop Technology Limited
- Small
- Active
- 27 years
- 49 employees
- Real address
- 6 directors
- 2 owners
- Regular importer
- Regular exporter
- Family business
- Rating 5.0 (15)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Loop Technology Limited, based in Dorchester, UK, is a small, family-run business with an active status, celebrating 27 years in operation. Employing 49 people and boasting a perfect 5.0 Google rating from 15 reviews, the company operates from a real address and is managed by six directors and two owners. It’s a regular importer of machinery, boilers, and mechanical appliances, with 28 months of import activity recorded, and a regular exporter of electrical machinery and equipment, with 7 months of export activity.
The company’s website showcases a diverse range of solutions, primarily focused on industrial automation and robotics. Loop Technology specializes in state-of-the-art technology, with core disciplines in machine vision, industrial robotics, and motion control. They offer bespoke solutions for industries like aerospace, defense, and renewable energy, including automated high-rate composite preforming with their FibreLINE system, robotic machining with RoboMACH, and laser cleaning with LoopCLEAN. The website also highlights partnerships with companies like KOBOTS and Robotmaster, and offers services like product design, research studies, and leasing programs. It's clear that Loop Technology isn's just selling products; they're offering comprehensive automation solutions.
Financially, Loop Technology Limited’s report reveals some interesting trends. Cash reserves have seen a dramatic increase, soaring 500% to £2.4 million—a very positive sign. However, net assets also increased by 15% to £1.5 million, while bank borrowings decreased by 9.8% to £850,000. Creditors have increased significantly, jumping 250% to £4.1 million, and trade debtors have ballooned by 300% to £1.1 million. The number of employees has increased by 22% to 60. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the surge in creditors and debtors suggests a need for careful financial management. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The increase in employees is a good sign, but it will be important to monitor the impact on profitability. Overall, Loop Technology appears to be growing, but it's important to keep an eye on its debt levels and cash flow.
Registered in England/Wales under the registration number 03498849, with a registered address at DT1 3EW, England, Dorchester, Dorset, Loop Technology Centre Paceycombe Way, Poundbury.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 8 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 20 years
- 2
-
Resident of United Kingdom
-
Individual
- 27 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-01-26 with updatesDownload 5 pages pdf report
-
Director's details changed for Mr Ross George Horrigan on 2025-01-25Download 2 pages pdf report
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Total exemption full accounts made up to 2024-04-30Download 11 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Loop Technology Limited
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