TECH REPAIRED LTD

Executive Summary

Tech Repaired Ltd is a nascent micro-enterprise operating within the ICT repair and specialised retail sector, exhibiting typical early-stage financial and operational characteristics. Its dual focus on communication and computer equipment repair, combined with retail sales, aligns well with current industry trends favouring repair services amid evolving technology and right-to-repair regulations. However, limited scale and resources pose typical challenges related to market penetration and operational capacity in a competitive landscape dominated by both independent specialists and larger chains.

TECH REPAIRED LTD - Analysis Report

Company Number: 14722374

Analysis Date: 2025-07-20 15:50 UTC

1. Industry Classification
   Tech Repaired Ltd operates primarily in the repair of communication equipment (SIC 95120) and repair of computers and peripheral equipment (SIC 95110), alongside retail sales of specialised new goods (SIC 47789). These SIC codes place the company within the broader information and communication technology (ICT) services sector, with a strong focus on technical repair and retail. This sector is characterised by rapid technological change, reliance on skilled technical workforce, and a strong customer service orientation. Additionally, the niche retail component suggests a blend of after-sales service and direct product sales.

2. Relative Performance
   As a newly incorporated private limited company (March 2023) with a micro to small size profile, Tech Repaired Ltd’s financials reflect typical early-stage business metrics. The company reports modest fixed assets (£5,840) and current assets (£14,326), with net current assets of £4,926 and shareholders’ funds of £10,766. It operates with a single director and one employee, indicating a lean operational structure common in micro enterprises in this sector. Compared to industry benchmarks, which vary widely depending on scale, Tech Repaired Ltd’s turnover and balance sheet size align with a micro-enterprise category, below the threshold for small companies turnover (£10.2M) and balance sheet (£5.1M). The company’s liquidity position (cash £9,076 against current liabilities £9,400) suggests tight working capital management, a typical challenge for early-stage repair and retail firms.

3. Sector Trends Impact
   The ICT repair sector is influenced by several key trends:

• Increasing device complexity and shorter product lifecycles drive demand for specialised repair services.
• Growing consumer preference for sustainable and cost-effective repairs vs. replacement supports repair businesses.
• The rise of remote diagnostics and IoT devices adds complexity but also opportunity for innovative service delivery.
• Competitive pricing pressures from both independent repair shops and manufacturer-affiliated service centres challenge margins.
• Regulatory emphasis on right-to-repair legislation in the UK and EU potentially benefits independent repairers like Tech Repaired Ltd by mandating access to parts and manuals.
• The integration of retail sales alongside repair services can enhance revenue diversification and customer retention.
  Tech Repaired Ltd’s positioning to repair both communication and computing equipment allows it to leverage multiple growth areas within the sector.

4. Competitive Positioning
   Strengths:

• The company’s focus on both communication and computer equipment repair positions it to capture a broader customer base than niche single-device specialists.
• Its micro-scale and lean operational model allow flexibility and low overheads, critical for competing against larger chains and franchises.
• Ownership and control concentrated in a single director/PSC may enable swift decision-making and agile business adjustments.
• Inclusion of retail sale of specialised goods complements repair services, enabling cross-selling opportunities.

Weaknesses:

• Being a new entrant with minimal scale, the company may face challenges in brand recognition and customer acquisition in a competitive market.
• Limited fixed asset base and working capital suggest constraints on expansion or inventory stocking compared to established competitors.
• One employee operation poses risks related to capacity and service continuity, especially as demand scales.
• Absence of audited financials and limited historical performance data reduce external stakeholder confidence and access to financing.

Executive Summary