Punch Technology Limited

Punch Technology Limited, based in Widnes, UK, is a small, active company founded eight years ago in 2016. With nineteen employees and £1,071,134 in assets, it operates from a virtual address—a point of interest as 232 companies share the same location—and is overseen by three directors and three owners. The company regularly imports and exports machinery, boilers, and mechanical appliances, with parts, showing consistent activity over the past 106 months for imports and 11 months for exports.

The company’s website, punchtechnology.co.uk, is a custom PC builder, offering a wide range of desktop PCs, components, and accessories. It caters to gamers, professionals, and businesses, with a focus on high-performance systems and personalized configurations. The site features a configurator allowing customers to build their own PCs, as well as pre-built systems and a selection of components. The website also offers a blog and support section, and a live chat feature.

Financially, Punch Technology Limited's recent report reveals a mixed picture. While turnover remained steady, net assets took a hit, decreasing by 82% to £82,000. Cash reserves also declined significantly, falling 36% to £250,000. Bank borrowings, however, remained consistent. Creditors increased by 10%, suggesting a need for better debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. The increase in average employees, from 19 to 24, could indicate expansion, but also potentially higher operational costs. The report doesn’t mention an auditor, likely due to its status as a small company.

Overall, Punch Technology Limited appears to be navigating a challenging financial landscape, while continuing to expand its online presence and product offerings. The company’s focus on custom PC building and its wide range of components positions it well in the competitive market, but it will need to manage its finances carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 10250445, with a registered address at WA8 5SQ, United Kingdom, Widnes, Cheshire, Glebe Business Park, Lunts Heath Road.

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