York Technology Ltd

York Technology Ltd, based in Stockport, UK, is a small, active company founded twelve years ago. With £30,138 in assets and a real address, it’s a lean operation managed by one director and owner. The company is involved in importing machinery, boilers, and mechanical appliances—parts, with recent activity in June 2023—and exporting electrical machinery and equipment, though less frequently, with the last export in June 2019. It operates in the other research and experimental development on natural sciences and engineering industries.

The company's website showcases its expertise in needle detection technology, positioning itself as a leading brand with installations worldwide. It offers a range of metal and needle detection solutions, including tunnel-type, flat bar, and flat bar-type machines, catering to retailers and manufacturers. The website also highlights its involvement in cloth cutting and spreading, approved by major retailers like Gap, Nike, and MS. It even has a separate division, YDS, specializing in technical support and spares, and another, Sesotech Products, also offering technical support.

Financially, York Technology Ltd presents a mixed picture. Current assets increased by 39% to £30,000, while cash reserves saw a substantial boost, growing 80% to £17,000. However, creditors and other debt increased significantly, by 78% and 120% respectively, reaching £12,000 and £11,000. Trade debtors also rose, by 15%, to £11,000. The company's small size—meeting two of three conditions for a small company—helps it remain agile, but the increase in debt warrants attention. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, York Technology Ltd seems to be growing, but managing its finances carefully will be key to its continued success. The company's focus on specialized technology and its global reach suggest a solid foundation for future growth, although the increase in debt should be monitored closely.

Registered in England/Wales under the registration number 08173410, with a registered address at SK4 2HD, United Kingdom, Stockport, Cheshire, Riverside House Kings Reach Business Park, Yew Street.

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