Technostart Limited

Technostart Ltd, based in London, UK, is a small, active company established 34 years ago in 1991. With four employees and £1,023,654 in assets, it operates from a real address and is managed by four directors and three owners. The company regularly imports vehicles, parts, and accessories (excluding trains and trams), with 88 months of import activity recorded, and exports machinery, boilers, and mechanical appliances, with 76 months of export activity.

The company’s website, Technostart, positions itself as a leading independent supplier of wheel bearing kits for the automotive aftermarket. It offers a comprehensive range of kits and works with recognized manufacturers like DAEWOO, FAG, and SKF. Beyond wheel bearings, Technostart also supplies rubber CV boot kits and Italian glow plugs. Customers can browse the site by vehicle manufacturer—from Alfa Romeo to Volvo—and place orders online, receiving quotations and delivery dates by return.

Financially, Technostart Ltd shows a mixed picture. Cash bank on hand increased by a significant 13%, reaching £780,000, while current assets grew by 6.1% to £1,000,000. However, trade debtors decreased by 8.1%, suggesting a need to improve customer payments. Creditors increased by 44%, and net assets remained steady at £1,300,000. 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 creditors could indicate tighter cash flow. As a small company, it’s exempt from an audit, relying on unaudited statements.

The company's steady import and export activity, combined with a healthy cash position, suggests it's holding its own. However, the rise in creditors warrants attention—perhaps a consequence of increased business or a need to renegotiate payment terms.

Registered in England/Wales under the registration number 02593481, with a registered address at E17 6HL, London, 1a Clifton Avenue, Clifton Avenue.

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