Affirmed Networks Uk Limited

Affirmed Networks Uk Limited is a large holding company based in London, UK, with an active status. Incorporated thirteen years ago in July 2011, the company holds £3,002,319 in assets and generates £118,299 in yearly revenue. It operates from a virtual address, registered at E1 6RS, United Kingdom, London, 1 Blossom Yard, Fourth Floor, which is shared by 232 other companies. The company is managed by three directors and has one owner, although the list of owners changed four years ago. It’s an irregular importer, with its top import category being None, totaling 1 months of imports, with the last operation conducted on July 01, 2017.

Affirmed Networks is a Microsoft company focused on powering the world wide wireless web. Its website details solutions for network operators, including virtual evolved packet core, 5G core, private network services, and analytics. The company's core business revolves around providing virtualized mobile solutions, enabling operators to handle more traffic, simplify operations, and launch new services. They are heavily invested in Azure for Operators, helping operators transform their networks and businesses. Their website also highlights their focus on monetizing the enterprise opportunity and accelerating network transformation through cloud-native mobile core technology.

Financially, Affirmed Networks Uk Limited shows a mixed picture. Current assets decreased by 13% to £3,000,000, while net assets plummeted 31% to £110,000. Bank borrowings surged by 150%, reaching £29,000, and cash reserves fell 88% to £700. On the upside, creditors decreased by 23%, suggesting better debt management. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and more than 250 employees) means it’s subject to more scrutiny, but the sharp equity drop raises questions. The company’s unaudited statements rely on director-reported data.

The company is a holding company, and Microsoft Corporation owns it. Reed Smith Corporate Services Ltd, Dolliver Keith Ranger, and Orndorff Benjamin Owen are the directors. The company operates in the other information service activities n.e.c. industries.

Registered in England/Wales under the registration number 07703538, with a registered address at E1 6RS, United Kingdom, London, 1 Blossom Yard, Fourth Floor.

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