Technology Solutions Limited

Technology Solutions Ltd, based in Radcliffe, UK, is a small, family-run business with an active status. Founded 29 years ago in 1996, it employs 31 people and holds £1,296,860 in assets. With two directors and two owners, and a real registered address, it's a well-established operation. The company regularly imports electrical machinery and equipment, with the latest activity recorded just one month ago in November 2023.

The company’s website showcases a wide range of products and services related to RFID technology, including readers, antennas, and software solutions. It seems they are a manufacturer and supplier of RFID products, catering to various industries. They also provide maintenance programs and support services, suggesting a focus on long-term customer relationships. The website’s design is clean and professional, with a strong emphasis on technical specifications and application examples. It’s clear they’re targeting businesses and industrial users, rather than consumers. There’s no obvious e-commerce functionality; instead, the site focuses on product information, downloads, and contact details.

Financially, Technology Solutions Ltd presents a mixed picture. Cash reserves decreased by 16% to £500,000, while trade debtors increased significantly by 46% to £640,000. This could indicate a shift in payment terms or potentially delayed customer payments. Creditors also rose by 19%, reaching £600,000, suggesting increased short-term liabilities. However, net assets remained relatively stable at £800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in debtors should be monitored. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Technology Solutions Ltd appears to be a stable, albeit small, business. The company’s focus on RFID technology and its commitment to customer support suggest a sustainable business model. However, the increase in debtors warrants close attention.

Registered in England/Wales under the registration number 03146250, with a registered address at M26 2JS, Radcliffe, Greater Manchester, Stanmore House, 64-68 Blackburn Street.

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