Touch Technologies Limited

Touch Technologies Ltd, based in Aylesbury, UK, is a small, active company founded nine years ago in 2015. With just three employees and £2,632 in assets, it’s a solo-founded operation run by a single director and owner. The company operates from a virtual address—where 149 other companies are also registered—and is classified as an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with just one month of import activity recorded as of May 2017. Its core business is information technology consultancy activities.

While the company's website is unavailable, it’s clear Touch Technologies Ltd is focused on IT services. The business is a small company, meeting two of three conditions for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The business is owned by Tailford Mark.

Financially, Touch Technologies Ltd presents a mixed picture. Net assets have plummeted by 58%, reaching -£47,000, while cash reserves have surged by a staggering 6200%, reaching £1,000. Bank borrowings remain steady at £37,000, and creditors have decreased significantly by 19%. Trade debtors have also fallen, suggesting improved payment collection. However, the sharp decline in equity is concerning, indicating potential losses or increased liabilities. The company’s small size helps it remain agile, but the financial strain is evident. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Touch Technologies Ltd is navigating a challenging financial landscape. While its IT consultancy services may be thriving, the company needs to address its declining equity to ensure long-term stability.

Registered in England/Wales under the registration number 09758495, with a registered address at HP19 8DB, United Kingdom, Aylesbury, Buckinghamshire, Second Floor Kennel Club House, Gatehouse Way.

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