Zone Technology Ltd

Zone Technology Ltd is a small, active company based in Folkestone, UK, founded three years ago in 2021. With £319,385 in assets and a real registered address, it's a family business run by two directors and two owners. The company employs four people and operates in the wholesale of computers, computer peripheral equipment and software, and electronic and telecommunications equipment and parts. It regularly imports toys, games, and sports equipment, with 18 months of import activity recorded, the latest in December 2024. It also exports these items, with four months of export activity, the last in May 2024.

While Zone Technology Ltd’s core business involves wholesale, there’s no website to analyze, making it difficult to determine if it operates an e-commerce site.

Financially, the company shows a mixed picture. Cash reserves increased significantly by 150%, reaching £160,000, which is a positive sign. However, net assets increased by 300%, reaching £44,000, but trade debtors decreased by 40%, indicating potential issues with collecting payments. Creditors also decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in trade debtors is something to watch. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Zone Technology Ltd seems to be navigating a period of change, with increased cash reserves offset by challenges in collecting payments.

Registered in England/Wales under the registration number 13696446, with a registered address at CT19 4AH, England, Folkestone, Unit 1-2 Caesars Way.

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