Tristate Uk Ltd

Tristate Technology is a small, active company based in London, UK, founded three years ago. The company boasts £825,230 in assets and operates from a virtual address, a detail flagged by the presence of twelve companies registered at the same location. It’s managed by three directors and owned by Wang Kin Chung Peter. The company regularly imports clothing and accessories, not knitted or crocheted, with 158 months of import activity recorded, the latest in March 2025.

The company’s website reveals a focus on bespoke software development, catering to businesses seeking modern and advanced digital solutions. Services include software development, web app development, e-commerce solutions, and emerging technologies like AI, data science, and blockchain. It’s clearly targeting a professional clientele, offering services to startups, SMEs, and enterprises. The website’s design is clean and modern, with a strong emphasis on showcasing case studies and client testimonials.

Financially, Tristate Technology shows a mixed picture. While current assets increased by 98% to £830,000, net assets declined significantly by 320% to -£360,000. This suggests increased liabilities outweighing assets. Creditors surged by a substantial 78%, reaching £1.5 million, and bank borrowings increased. However, other debtors rose by 8.6%. 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 significant equity decline warrants attention. The company’s accounts are audited, and Brebners is the auditor. The sharp decline in net assets could be due to investments in growth or increased operating expenses, and it’s likely that the company is burning through cash.

Registered in England/Wales under the registration number 13889346, with a registered address at SW1Y 6AW, England, London, 86 Jermyn Street.

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