Circle It Solutions Limited

Circle It Solutions Ltd, based in Godalming, UK, is a sizable company with a 26-year history, currently employing 97 people. It holds assets worth £17,572,757 and generates yearly revenue of £28,378,367. The company operates as a holding company and maintains an active status. It's managed by three directors and has one owner, and boasts a perfect 5.0 Google rating based on 13 reviews. Notably, it’s an irregular importer of electrical machinery and equipment, with just one month of imports recorded.

The company operates in the information technology consultancy activities and other information technology service activities industries. It owns a company called Fabric It Ltd. Its previous names were First Choice Computers Limited and Glamorgan Telecom (group) Limited. The company’s address is a real address, as only eight companies are registered at the same location.

Financially, Circle It Solutions Ltd shows a mixed picture. Current assets have increased by a significant 51%, reaching £18 million, while net assets have surged by 58%, hitting £14 million. Cash reserves have also seen a healthy 39% increase, reaching £1.5 million. However, accrued liabilities have decreased by 32%, and bank borrowings have jumped by 77%. While turnover has grown by 36%, the company’s net loss has also increased, suggesting that costs are rising faster than revenue. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of an auditor is likely due to its small size.

Despite the rising costs, Circle It Solutions Ltd appears to be a stable and growing business, with a strong reputation and a clear focus on IT services. The company’s financial health is a little concerning, but it’s likely a result of its growth and investment in new services.

Registered in England/Wales under the registration number 03757454, with a registered address at GU7 2QN, England, Godalming, The Wharf Abbey Mill Business Park, Lower Eashing.

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