Repair Technology Ltd

Repair Technology Ltd, based in Hitchin, UK, is a small, active company founded fifteen years ago in 2010. With two employees and £252,634 in assets, it operates from a virtual address, a fact highlighted by the presence of forty-two companies registered at the same location. The company has two directors and two owners, and boasts a stellar 5.0 Google rating based on two reviews. Repair Technology Ltd is an irregular importer of electrical machinery and equipment, with one month of imports recorded, and a regular exporter, with thirteen months of export activity.

The company's website positions it as a specialist in repairs and support for legacy military and electrooptical equipment. It caters to a niche market, offering services ranging from specialist repairs to disaster recovery for damaged pianos—a surprising diversification from its core military equipment focus. The address listed is Invision House, Wilbury Way, SG4 0AP, UK.

Financially, Repair Technology Ltd presents a mixed picture. While cash reserves saw a significant boost, increasing by 350% to £120,000, net assets declined by 49% to £64,000. Bank borrowings have increased, and creditors have risen substantially, suggesting potential cash flow pressures. Trade debtors are down slightly, which is good. The company’s small size—meeting two of three conditions for being a small company—allows for agility, but the drop in equity warrants closer attention. The company is exempt from an audit, so the figures are unaudited. It’s a little bit strange that the company has a large increase in liabilities, but a large increase in cash.

Registered in England/Wales under the registration number 07215015, with a registered address at SG4 0TY, Hitchin, Hertfordshire, Invision House, Wilbury Way.

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