Techedge Repairs Ltd

TechEdge Repairs Ltd, based in St Asaph, UK, is a small, active company founded 20 years ago. With just one employee and £9,085 in assets, it’s a modest operation run by two directors and owners. The company operates an e-commerce site specializing in mobile phone repairs and selling pre-loved devices, accessories, and cases. The website, TechEdge, offers a wide range of services, from screen replacements to unlocking phones, and even boasts a repair warranty.

The company’s website showcases a diverse inventory, including iPhones, iPads, Samsung phones, and accessories like screen protectors and car holders. It also offers repair services, with prices listed for common issues like iPhone LCD repairs. The site emphasizes fast repair times (an average of 20 minutes) and a commitment to quality, with technicians aiming to provide “the best guaranteed repair at the most competitive price.” The company even has a physical location in Gobowen, Shropshire, and prides itself on providing good customer service.

Financially, TechEdge Repairs Ltd’s numbers paint a mixed picture. Current assets have increased dramatically, rising 2100% to £9,100, which is a positive sign. However, net assets have fallen significantly, dropping 120% to just £900. Bank borrowings have increased by a staggering 2,400%, reaching £11,000, while cash reserves have vanished completely. Creditors have also decreased by 60%, to £600. The company's small size (meeting two of three conditions for being a small company) allows it to be flexible, but the sharp decline in equity is a cause for concern. With no auditor mentioned, the financial statements are unaudited.

In short, TechEdge Repairs Ltd appears to be experiencing some financial turbulence, despite its active e-commerce presence and commitment to quality repairs. Whether it can weather these challenges and continue to serve its customers remains to be seen.

Registered in England/Wales under the registration number 05404238, with a registered address at LL17 0JA, St Asaph, Denbighshire, Unit 32 St Asaph Business Park.

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