Somerford Tech Ltd

Somerford Tech Ltd from Cirencester UK is a small company with an active status, founded four years ago. It employs one person and holds £17,063 in assets, operating from a real address. The company has one director, but no owners are currently reported. 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, and employees less than 50. The company operates in the retail sale via mail order houses or via internet, and the management consultancy activities other than financial management industries.

Somerford Tech Ltd’s website showcases a wide range of technology partnerships and services. It’s clear they aren’t a direct e-commerce business, but rather a consultancy and implementation partner for various software vendors like Splunk, Confluent, HashiCorp, and Varonis. The site heavily promotes webinars, workshops, and professional services—suggesting a focus on helping businesses adopt and optimize these technologies. They offer everything from security solutions and cloud migration to observability and data risk assessments. The website’s structure is very professional and well-organized, with a clear emphasis on expertise and customer support.

Financially, Somerford Tech Ltd’s report paints a concerning picture. Current assets have plummeted by a staggering 71%, dropping to just £17,000. Net assets have also taken a significant hit, falling to -£11,000—a substantial loss. Bank borrowings have increased dramatically, and cash reserves have dwindled to a mere £17,000. Equity has suffered a massive decline, and net current liabilities have ballooned. The company’s reliance on director advances, which have also decreased, is noticeable. It's a worrying trend, and it's possible the company is burning through cash faster than it’s generating revenue. The lack of an auditor, as is common for small companies, means these figures are unaudited. It’s likely that the company is facing challenges in scaling its business or managing its expenses.

Registered in England/Wales under the registration number 12648495, with a registered address at GL7 6BG, England, Cirencester, Thames House Lower Mill Lane, Somerford Keynes.

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