Konrad-technologies Uk Ltd

Konrad Technologies Uk Ltd, based in London, is a small holding company with an active status, established seven years ago. Employing ten individuals and holding £607,998 in assets, the company operates from a virtual address – seventeen other companies share the same location – and is overseen by four directors and one owner. Konrad Technologies functions as a provider of test automation solutions, with a focus on the automotive and aerospace industries.

The company's core business revolves around designing, manufacturing, and integrating test systems. Their website showcases a comprehensive range of products, including the LEON tester family, which offers solutions for ICT, ISP, FCT, and boundary scan testing. They also provide software tools like Konrad System Manager and ICT IDE and Sequencer, alongside hardware components like ABex modules and PXIe chassis. The website highlights expertise in radar testing, battery management systems, and camera-centric hardware-in-the-loop (HIL) systems.

Financially, Konrad Technologies Uk Ltd presents a mixed picture. Current assets have decreased significantly by 55% to £610,000, while net assets have fallen 67% to -£110,000. Bank borrowings have remained stable, but cash reserves have declined by 35% to £64,000. Trade creditors have fallen by a substantial 87%, suggesting improved debt management, however, trade debtors have increased by 78%. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity is concerning. It’s worth noting that the company has not been audited, and the financial data is unaudited.

The company’s focus on specialized test solutions and its diverse product offerings suggest a strong technical foundation. However, the financial results indicate that the company is facing challenges in generating profits and maintaining a healthy balance sheet. Whether Konrad Technologies can overcome these hurdles and capitalize on its technical expertise remains to be seen.

Registered in England/Wales under the registration number 11091775, with a registered address at EC4M 7JN, England, London, 35/37 Ludgate Hill.

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