Zte (uk) Limited

Zte Uk Ltd, based in Slough, UK, is a medium-sized company with an active status, having been incorporated twenty-three years ago in August 2001. The company employs twenty-six people and holds assets valued at £5,983,045. With a yearly revenue of £23,708,044, it operates an e-commerce site and has a Google rating of 4.0 based on nine reviews. It’s a regular importer of electrical machinery and equipment, with nineteen months of import activity recorded, and has exported none for one month. The company has four directors, but no owners were reported, which is a bit unusual.

Zte Uk Ltd specializes in providing telecommunications system and telecoms equipment, setting up telecommunication networks, and providing terminal productions to the UK market. The company's website is not available, so it's difficult to ascertain the exact nature of its e-commerce operations.

Financially, Zte Uk Ltd shows some concerning trends. Current assets have decreased by 23%, dropping to £6 million, while net assets have plummeted 69%, reaching just £1.3 million. Bank borrowings have increased significantly, and cash reserves have fallen by 30%. Despite this, creditors have decreased by 8%, suggesting better debt management. The company’s size qualifies it as a medium-sized business, meeting two of three criteria. The lack of an auditor is likely due to its size, meaning the financial statements are unaudited.

The significant decrease in net assets and cash reserves, combined with increased borrowings, suggests that the company may be burning through cash. It’s possible that increased competition, rising costs, or changes in market demand are contributing to these challenges. The directors list was changed five months ago, which could indicate restructuring or new management initiatives aimed at addressing these issues.

Registered in England/Wales under the registration number 04269408, with a registered address at SL1 4DX, England, Slough, 252 Bath Road.

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