3r Software Solutions Limited

3R Software Solutions Limited, based in London, UK, is a small, active company founded nine years ago. With three employees and £106,587 in assets, it operates from a virtual address, a detail flagged by fourteen other companies registered at the same location. The company is led by three directors and has one owner, Patel Rameshbhai Bhikhabhai. It holds a Google rating of 2.0 based on five reviews. The company regularly imports machinery, boilers, and mechanical appliances, with its last import activity recorded three months ago in June 2018.

The company’s website showcases a range of EPoS (Electronic Point of Sale) systems and related components, catering to the hospitality and retail sectors. It offers complete bundles, individual components like cash drawers and printers, and support packages. The website’s functionality is built on nopCommerce, indicating a focus on e-commerce. Industries served include cafes, delis, convenience stores, takeaways, pubs, bars, clubs, restaurants, and wholesale shops. Featured products include all-in-one touch screen EPoS systems with or without barcode scanners, highlighting a focus on modern retail technology.

Financially, 3R Software Solutions Limited presents a mixed picture. While its average number of employees decreased by 33% to just two, cash bank on hand experienced a significant drop of 53%, falling to £60,000. Current assets also declined by 37%, reaching £110,000. However, creditors decreased by 2.4%, and trade debtors increased by 1.8%. Intangible assets, specifically goodwill, saw a 50% reduction, and accumulated depreciation on plant machinery rose by 7.7%. The company's small size—meeting two of three criteria for being classified as small—helps it remain agile, but the decrease in equity, falling to -£290,000, is a concern. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s focus on EPoS solutions and its online presence suggest a business adapting to the evolving retail landscape. However, the financial data reveals a company facing challenges, particularly in maintaining cash reserves and building equity. The decrease in employees might indicate cost-cutting measures or a shift in operational strategy.

Registered in England/Wales under the registration number 09666085, with a registered address at E12 5BT, United Kingdom, London, Charter House, 8/10 Station Road.

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