Plexus Tech Ltd.

Plexus Tech Ltd from London UK: a small, active company founded twelve years ago, holds £387,162 in assets, and operates from a virtual address shared by 114 other companies. Run by one director and one owner, it's an irregular importer of electrical machinery and equipment, with just one month of import activity recorded as of January 2023.

The company’s core business involves information technology consultancy activities. While no website is available, its activities suggest a focus on providing IT services to clients. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the shared address raises questions about its operational independence.

Financially, Plexus Tech Ltd presents a mixed picture. Cash bank on hand increased significantly by 86%, reaching £270,000, which is a good sign. However, accrued liabilities deferred income jumped to £25,000, and debtors decreased dramatically by 60%, dropping to £120,000. Equity also declined by 23%, settling at -£50,000. Creditors decreased by 27%, suggesting improved debt management. The company’s net assets and liabilities grew by 6.4% and 5.5% respectively. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

In short, Plexus Tech Ltd is showing some positive trends in cash flow, but the decrease in debtors and negative equity suggest potential challenges. The company's small size and virtual address, however, could be key to its continued operation.

Registered in England/Wales under the registration number 08510131, with a registered address at EC3V 3NG, England, London, 36-38 Cornhill.

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