Techsilver Ltd

Techsilver Ltd, based in Nottingham, UK, is a small, active company founded 10 years ago in 2014. With six employees and £356,597 in assets, it operates from a real address and is led by two directors and one owner. The company regularly imports and exports electrical machinery and equipment, with 8 months of import activity and 6 months of export activity recorded. It's a private limited company registered in England/Wales with a focus on providing assistive technologies for the elderly.

The company’s website, Techsilver, showcases a range of products designed to support people living with dementia and other age-related challenges. From GPS trackers and fall alarms to large-print keyboards and easy-to-use smartphones, the site caters to a specific niche market. It also offers VAT relief for eligible customers, a key selling point for its target audience. The website is well-designed and user-friendly, with a blog providing helpful advice and guidance on various topics related to elderly care.

Financially, Techsilver Ltd presents a mixed picture. While current assets increased by 35% to £360,000, net assets also jumped significantly to £150,000. However, creditors increased by 42% to £150,000, and bank borrowings have also increased. Cash reserves decreased by 8% to £92,000. Trade debtors have increased by a substantial 100%, which could be a sign of slower-paying customers. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The accounts are abridged and unaudited, and there is no auditor mentioned.

Overall, Techsilver Ltd appears to be a growing company with a clear focus and a loyal customer base. However, the increase in creditors and debtors warrants close monitoring to ensure the company maintains a healthy financial position. It's a company with a good reputation, but it needs to keep an eye on its cash flow.

Registered in England/Wales under the registration number 09336833, with a registered address at NG7 2TU, England, Nottingham, Nottinghamshire, Sir Colin Campbell Building, Triumph Road.

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