Tech Supply Ltd

Tech Supply Ltd from Walsall UK: a small, active company founded two years ago, operates from a virtual address, and is led by a single director and owner, who also serves as the solo founder. The company, registered on June 23, 2022, meets the criteria for a small business, with turnover under £10.2 million, a balance sheet total under £5.1 million, and fewer than 50 employees. It’s a private limited company with registration number 14191294, and while it has one owner reported, it's not exhaustive as only those with more than twenty five percent of shares are published.

Tech Supply Ltd focuses on retail sales through mail order and internet channels. Its website, though currently unavailable for review, likely reflects this business model. It’s probable that the company sells a range of products directly to consumers or businesses, leveraging online platforms for distribution.

Financially, Tech Supply Ltd presents a mixed picture. While cash bank on hand has increased slightly by 3.3% to £22,000, net assets and liabilities have both decreased by 13%, settling at -£5,500. Creditors have remained relatively stable, decreasing only slightly by -0.43% to £28,000. Loans from directors have stayed constant at £25,000. The company’s small size helps it remain flexible, but the decline in equity suggests it may be burning through cash. The accounts are described as “filleted” and unaudited, which is common for small companies exempt from a full audit. The accounts were prepared using Taxfiler software.

It’s clear that Tech Supply Ltd is navigating the challenges of a young business. The lack of employees (zero reported) and the reliance on a single director point to a lean operation. Whether the company can sustain its growth and profitability remains to be seen, but its focus on online retail and its virtual address suggest an agile and adaptable business model.

Registered in England/Wales under the registration number 14191294, with a registered address at WS5 3DU, United Kingdom, Walsall, West Midlands, 5 Appledore Terrace.

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