Technology Solutions (uk) Limited

Technology Solutions (uk) Limited, based in Loughborough, UK, is a small, holding company with an active status, established 32 years ago in 1993. Employing 22 people, the company holds £4,416,399 in assets and operates from a real address at the Loughborough Technology Centre. Managed by two directors and one owner, it’s a relatively stable operation. The company regularly imports and exports electrical machinery and equipment, with 305 months of import activity and 571 months of export activity recorded.

The company’s website highlights its specialization in CCTV, access control, public address systems, and related support services. It’s been in business for three decades, and emphasizes quality and adherence to industry standards. It operates from two offices, one in Rossendale and another in Sheffield.

Financially, Technology Solutions (uk) Limited’s recent performance shows some concerning trends. While current assets increased by 18% to £4,400,000, net assets plummeted 91% to just £270,000. Bank borrowings have surged dramatically, increasing by 3,700% to £3,700,000, while cash reserves fell 18% to £320,000. Creditors also increased significantly, rising 510% to £4,200,000. 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 flexibility, but the sharp decline in equity suggests potential financial pressures. No auditor is mentioned, likely due to the company’s small size and exemption from audit requirements.

Overall, Technology Solutions (uk) Limited appears to be facing some challenges despite its long-standing presence in the security systems market. The large increase in bank borrowings, coupled with the significant drop in equity, warrants close monitoring.

Registered in England/Wales under the registration number 02777518, with a registered address at LE11 3GE, England, Loughborough, Suite A, Loughborough Technology Centre, Epinal Way.

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