Zm Technologies Limited

Zm Technologies Limited is a small, active company based in Bolton, UK, founded just three years ago in 2021. With £684,701 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The business operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees.

While the company’s website is unavailable, its business description suggests an e-commerce focus. It’s likely that Zm Technologies Limited operates an online store, selling goods directly to consumers. The retail sale via mail order and internet industries is a broad category, so it’s difficult to say exactly what products the company sells without more information.

Financially, Zm Technologies Limited shows a mixed picture. Cash reserves increased by a solid 42%, reaching £510,000, which is a positive sign. However, creditors also increased, though not as dramatically, rising by 5.9% to £69,000. Trade debtors saw a significant drop of 53%, which could indicate better collection practices or a shift in customer payment terms. Equity increased by a healthy 82%, reaching £220,000, suggesting retained earnings are building up. It's interesting to note the company’s bank balance is quite high for a company with only one employee. Perhaps it’s holding funds for future expansion, or maybe it’s a temporary situation. The company’s other debtors decreased by 48%, which could be a cause for concern.

The lack of an auditor mentioned (likely exempt as a small company) means the unaudited figures rely on director-reported data. Overall, Zm Technologies Limited appears to be financially stable, but it’s important to monitor the trends in debtors and creditors to ensure the company maintains its financial health.

Registered in England/Wales under the registration number 13700591, with a registered address at BL6 4SD, United Kingdom, Bolton, Fourth Floor, Unit 5b The Parklands.

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