TECHNOSSUS UK LIMITED
Executive Summary
TECHNOSSUS UK LIMITED operates as a micro-entity within the UK IT consultancy and software development sector, showing stable but modest financial growth and workforce expansion. While it remains a niche player due to its small scale, the company is well-positioned to capitalize on ongoing digital transformation trends, albeit facing significant competition from larger firms. Strategic focus on specialized services or international connections may enhance its prospects in a dynamic and competitive market environment.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
TECHNOSSUS UK LIMITED - Analysis Report
Industry Classification
TECHNOSSUS UK LIMITED operates primarily under SIC codes 62020 (Information technology consultancy activities) and 62012 (Business and domestic software development). These sectors are part of the broader IT services and software development industry characterized by high innovation, rapid technological change, and a significant reliance on skilled human capital. The industry typically features a mix of micro to large firms, often with scalable business models and a focus on digital transformation services for clients.Relative Performance
As a micro-entity company, TECHNOSSUS UK LIMITED is at the smallest scale within its industry classifications. Key financials show net assets of £115,249 at the latest 2024 year-end, improving from £83,956 the previous year. The company also increased its average employee count from 2 to 4, which is a modest growth but reflects a small operational scale. Compared to industry benchmarks, where companies often report larger turnovers and asset bases even at the SME level, TECHNOSSUS UK’s financial size is minimal. However, its positive net assets and increasing current assets indicate stable liquidity, though it carries relatively high current liabilities (£340k), which is typical for young consultancies investing in working capital or client project financing.Sector Trends Impact
The IT consultancy and software development sectors in the UK have been buoyed by increasing demand for digital transformation, cloud adoption, and custom software solutions. Post-pandemic, businesses accelerated IT modernization, creating growth opportunities. However, competition is intense, and clients increasingly demand cost-effective, agile service providers with proven delivery capability. The rise of remote work and global talent sourcing also shape operational models. For a micro-entity like TECHNOSSUS UK, these trends provide openings to specialize or form niche expertise but also present challenges in scaling and competing against larger firms with broader portfolios and resources.Competitive Positioning
TECHNOSSUS UK LIMITED’s small size and micro-entity classification position it as a niche or emerging player rather than an industry leader or follower. Its strengths lie in agility, potentially allowing tailored consultancy and bespoke software development services. However, limited financial scale and resources constrain its competitive breadth and ability to invest heavily in R&D, marketing, or large-scale projects. The company’s increase in employees suggests incremental growth, but it remains behind typical small to medium-sized IT consultancies that often employ dozens to hundreds of staff. Its significant influence controlled by an overseas PSC (United States) might suggest access to international expertise or markets, which could be a competitive advantage if leveraged well.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company