Ultron Technologies Ltd

Ultron Technologies Ltd, based in Birmingham, UK, is a small holding company with an active status, established four years ago. Employing 17 individuals, the company holds assets totaling £1,808,787 and operates from a real address. With three directors and one owner, Ultron Technologies Ltd regularly imports and exports electrical machinery and equipment – 132 months of imports and 103 months of exports recorded.

The company’s activities center around providing software development services, workshops, and expert sessions across various colleges and universities. Its website showcases a range of technologies including Flutter, Python, React, and data science, catering to clients seeking software development, web and mobile app development, IT consulting, cybersecurity solutions, and more. It also offers IT training and graphic design services. The company even has a division offering cybersecurity and cloud computing solutions.

Financially, Ultron Technologies Ltd’s numbers present a mixed picture. While current assets have increased significantly by 390% to £1,800,000, net assets have plummeted by a staggering 2400% to -£420,000. Bank borrowings have also risen substantially, increasing by 300% to £2,400,000. The number of employees has increased by 65% to 28, which could be a factor in the increased costs. Creditors have also risen by 210% to £2,900,000, suggesting a reliance on external funding. 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 substantial loss in equity raises concerns. The accounts are unaudited, and no auditor is mentioned.

The company’s increasing reliance on borrowing and the significant loss in equity could indicate a period of rapid expansion and investment, or it could be a sign of financial strain. The increase in employees suggests a growing workload, but it’s unclear whether the company is generating enough revenue to cover its expenses.

Registered in England/Wales under the registration number 12613961, with a registered address at B6 7BN, United Kingdom, Birmingham, West Midlands, 58-60 Wyrley Road.

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