Technosure Limited

Technosure Limited, based in Palmers Green, London, is a small, active company founded six years ago in 2018. With two employees and £153,249 in assets, it operates from a virtual address shared by seventy other companies – a bit unusual, really. The company is run by two directors and owners, Emeklier Baris and Sivrioglu Abdullah Emrah. It’s an irregular importer, primarily dealing in textile products, used clothing, and rags, with the last import operation recorded a while back in January 2023. The company also engages in retail via mail order houses or via internet, freight transport by road, and management consultancy activities.

The company’s website is minimal, offering little insight into its operations beyond the basic contact information. It doesn't appear to be a fully-fledged e-commerce platform, suggesting a more business-to-business model or a reliance on offline sales channels.

Financially, Technosure Limited presents a mixed picture. Cash reserves have taken a significant hit, dropping 92% to a mere £8,700. Trade debtors have skyrocketed by an astonishing 1,200%, reaching £140,000 – a sign that customers are taking longer to pay, or perhaps the company is extending credit more readily. Equity has also plummeted, falling 97% to just £580. On the brighter side, creditors have increased by 34% to £160,000, and current assets have risen by 16% to £150,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp decline in equity is a concern. No auditor is mentioned, which is common for small, exempt companies.

Registered in England/Wales under the registration number 11439129, with a registered address at N13 4XS, United Kingdom, Palmers Green, London, 293 Green Lanes.

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