MICROBOARDS TECHNOLOGY LIMITED
Company number 03382310 · Monitor this company
Executive summary
Microboards Technology Limited presents a compelling turnaround narrative, having recovered from negative equity in 2017 to a net asset position exceeding £2.1M by 2026, with consistent shareholder fund growth and improving liquidity. However, the analysis is constrained by filleted accounts that omit the income statement, and three material concerns warrant further investigation: the unusually high inventory concentration (55% of total assets) with associated obsolescence risk, £903,750 in related party debt, and a secured Lloyds charge whose terms are undisclosed. The company warrants medium-low risk classification with targeted due diligence on inventory quality, group financial interdependencies, and the true profitability of the underlying business.
Shareholders' funds
£2,252,487
Balance sheet as at 2026-03-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 1997-06-06
- Employees
- 9 (2026 accounts)
- Registered office
- Unit 7 Harriott Drive, Heathcote Industrial Estate, Warwick, Warwickshire, CV34 6TJ
- Postcode
- CV34 6TJ
- Capital
- 29,090 GBP
- Accounts category
- Total Exemption Full
- Charges
- 1 outstanding
Accounts
- Last made up to
- 2026-03-31
- Next due by
- 2027-12-31
- Financial year end
- 31 March
Confirmation statement
- Last statement dated
- 2026-06-06
- Next due by
- 2027-06-20
Nature of business (SIC)
- 62011 Ready-made interactive leisure and entertainment software development
Officers 5 current · 11 resigned
Contact details
- Website
- microboards.co.uk
Previous registered addresses 4
| Address | Changed on |
|---|---|
| UNIT 17 THE MANSLEY CENTRE, TIMOTHYS BRIDGE ROAD, STRATFORD UPON AVON, WARWICKSHIRE, CV37 9NQ | 2008-09-22 |
| 15 WARWICK ROAD, STRATFORD UPON AVON, WARWICKSHIRE, CV37 6YW | 2005-05-19 |
| UNIT 17 THE MANSLEY CENTRE, TIMOTHYS BRIDGE ROAD, STRATFORD UPON AVON, WARWICKSHIRE CV37 9NQ | 2003-08-14 |
| GREYSTONES STATION ROAD, BRET FORTON, EVERSHAM, WORCESTERSHIRE WR11 5XH | 2000-02-08 |
Among its peers
Top 5%
by shareholders' funds, of 90 similar companies in CV
Among the biggest employers among its local peers (9 staff).
2nd oldest of its local peers, trading since 1997.
Competitors Coventry
-
4. SPYSCAPE LTD
This company ranks 3 among ready-made interactive leisure and entertainment software development in Coventry.
The class of 1997
43%
of the 50,528 companies incorporated in 1997 are still active today; 54% have since been dissolved.
A fact about the year, not a forecast for this company.