Shape Technologies Group Uk Ltd

Shape Technologies Group Uk Ltd is a small, active company based in Hinckley, UK, established 26 years ago in 1998. With nine employees and a real address at Unit 3, Canton House, Wheatfield Way, the firm operates under the guidance of three directors, although no owners are officially listed. The company’s status is active, and it’s classified as a small business as it meets two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Shape Technologies primarily functions as a regular importer, specializing in machinery, boilers, and mechanical appliances—parts, with 13 months of import activity recorded, the latest in January 2025. It also engages in irregular exporting, focusing on optical and medical tools and devices, with just one month of export activity as of January 2020. The company operates in the wholesale of other machinery and equipment industries.

Financially, Shape Technologies shows some concerning trends. Accumulated depreciation impairment property plant equipment increased by 26%, while amounts owed by group undertakings rose by 27%. Creditors also increased by 17%, and debtors grew by 27%. However, net current assets liabilities improved significantly, decreasing by 84%. Equity, though, declined by nearly 6%, and future minimum lease payments under non-operating leases jumped by a whopping 250%. The company's bank balance also decreased.

The lack of a clearly defined owner and the mixed financial signals—rising debts alongside improved net current assets—suggest a company navigating challenges. While the small size allows for agility, the decline in equity warrants closer scrutiny. The absence of an auditor (likely exempt due to its size) means these figures are unaudited, so caution is advised when interpreting them.

Registered in England/Wales under the registration number 03687923, with a registered address at LE10 1YG, Hinckley, Leicestershire, Unit 3 Canton House, Wheatfield Way.

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