Tomo Technology Ltd
- Small
- Holding
- Active
- 10 years
- 28 employees
- £896,042 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Tomo Technology Ltd, based in Glasgow, UK, is a small, holding company with an active status. Founded ten years ago in 2014, the company employs 28 people and holds £896,042 in assets. It operates from a real address, is managed by two directors, and has one owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with the latest import occurring in December 2024 – and exports electrical machinery and equipment, having done so for 43 months, with the last export in January 2025.
The company’s website, savemetomotechnology.com, reveals a focus on technology recycling and reuse. Tomo Technology positions itself as bringing old technology back to life, offering services like repairing, reselling, and even offering a "circularity" program. They specialize in recycling games consoles, laptops, routers, smart home devices, and wearables. The website highlights their partnership with Grimment Investments, a recycling investment company, and emphasizes their collaborative approach to delivering unique products and services. The company's hours are listed as Monday through Thursday 7:30 AM to 4:30 PM, and Friday 7:30 AM to 2:30 PM.
Financially, Tomo Technology Ltd shows some concerning trends. While cash reserves increased significantly by 180% to £350,000, current assets declined by 7.3% to £900,000. Trade debtors decreased by 30%, suggesting improved collections, but bank borrowings increased, and creditors decreased by 58%, which is a positive sign. Net assets increased by 41% to £780,000. 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 decrease in assets and the increase in bank borrowings warrant closer attention. The company is exempt from audit, so the figures are unaudited. The company’s auditor is not mentioned.
Registered in Scotland under the registration number SC491478, with a registered address at G51 1DR, United Kingdom, Glasgow, Unit 1-2, Festival Court, 17 Brand Place.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Grimment Investments Ltd
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 10 years
- 6
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 12 pages pdf report
-
Confirmation statement made on 2024-11-18 with no updatesDownload 3 pages pdf report
-
Director's details changed for Claire Brown on 2024-11-01Download 2 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Tomo Technology Ltd
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