Zkteco Uk Ltd

Zkteco UK Ltd, based in Birmingham, is a small holding company with an active status, established four years ago. The company employs nine people and holds assets totaling £608,972. It operates from a real address and is overseen by two directors and one owner. Zkteco UK Ltd regularly imports electrical machinery and equipment (40 months), while sporadically exporting clocks, watches, and their parts (1 month).

The company’s website highlights a diverse range of security and workforce management solutions. It's primarily a B2B operation, offering products like access control systems, time and attendance devices, and software for managing employees. The site features a blog with news and updates, and even a Birmingham experience center where potential clients can see the technology firsthand. It’s clear Zkteco UK Ltd is focused on providing integrated security solutions, catering to businesses rather than individual consumers.

Financially, Zkteco UK Ltd presents a mixed picture. While current assets have increased by a substantial 120%, reaching £610,000, there are concerning trends. Retained earnings have plummeted by a staggering 230%, now sitting at -£220,000. Bank borrowings have increased significantly, and finished goods have skyrocketed by 3800%, reaching £410,000—suggesting a build-up of inventory. Creditors have also increased considerably, rising by 280%. 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 decline in equity is a cause for concern. No auditor is mentioned, indicating an exemption as a small company.

Overall, Zkteco UK Ltd seems to be experiencing growing pains. While its sales appear to be increasing, the company is burning through cash and accumulating debt. It’s possible the surge in finished goods reflects a strategic investment in inventory to meet anticipated demand, but the negative retained earnings are a red flag. The company’s future hinges on its ability to convert this increased inventory into sales and improve its financial health.

Registered in England/Wales under the registration number 12635720, with a registered address at B33 0LD, United Kingdom, Birmingham, Ground Floor, Unit 17 Ace Business Park, Kitts Green.

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