Technohub Ltd

Technohub Ltd from Edgware UK: a small, active company founded six years ago, employs two people, and holds £263,940 in assets. It’s a solo-founded venture led by a single director and owner. The company operates as an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of January 2021.

Technohub Ltd’s core business involves retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets. While it doesn’s have a website, the company’s activities suggest a focus on online sales and distribution. 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.

Financially, Technohub Ltd shows a mixed picture. Current assets increased by 110% to £260,000, a positive sign. However, creditors have ballooned by 98%, reaching £240,000—a significant jump. Cash bank on hand, however, has seen a healthy 64% increase to £57,000. Debtors have also increased substantially, by 670%, reaching £85,000, which could indicate expansion or potential issues with customer payments. Equity, meanwhile, has increased by 230% to £22,000. The company is exempt from an audit, and the financial data relies on unaudited statements. It seems Technohub is growing, but it’s also taking on more debt—a common pattern for small businesses expanding their operations.

Registered in England/Wales under the registration number 11615928, with a registered address at HA8 7UH, England, Edgware, 12 Mayfair Court Stonegrove.

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