Shift Lab Ltd

Shift Lab Ltd is a private limited company registered in England/Wales with the registration number 11596638. The company was founded six years ago on October 01, 2018, and registered at W3 7XS, England, London, 32 Telford Way. The address is probably real as only two companies registered at the address. Its status is active. The company operates in the manufacture of prepared meals and dishes, the engineering design activities for industrial process and production, and other research and experimental development on natural sciences and engineering industries. Officially, it has one owner or PSCs, one director, and fourteen employees. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £177,747.

The company’s website highlights Shift Lab as a technical agency that speaks design, assisting brands and creative agencies in making technology decisions. They build and manage digital products at every lifecycle phase, from modern web applications to long-term maintenance and support. Their client list includes notable companies like Snap-on Tools and Fora Travel, showcasing their ability to build apps, websites, and content management systems. They even offer expertise in areas like AI design tools and scalable websites.

Financially, Shift Lab Ltd’s recent performance presents a mixed picture. Current assets have fallen by 59%, dropping to £180,000, while net assets have decreased by 39% to £6.4 million. Bank borrowings have plummeted by 100%, leaving only £26, and cash reserves have surged an impressive 1000%, reaching £130,000. Creditors have also decreased by 71%, suggesting improved debt management. However, the number of employees reported during the period has fallen by 29%, from 14 to 10. The company’s unaudited accounts, prepared by RDH Accountants Limited, show a significant drop in net assets, which could be due to increased investment in growth or other factors. It’s worth noting that the company’s equity has increased by 38%, indicating a possible injection of capital.

Registered in England/Wales under the registration number 11596638, with a registered address at EN5 5YL, Moon Lane, Barnet, C/O Valentine & Co, Galley House.

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