Cnetso Limited

Cnetso Limited, based in Morden, UK, is a small, active company founded 18 years ago. With 13 employees and £97,798 in assets, it's a well-established player in the IT sector. Two directors and one owner manage the business, which boasts a stellar 5.0 Google rating from seven reviews. Cnetso is a regular importer, specializing in textile padding, felt, nonwoven fabrics, special yarns, ropes, and cables, with its last import operation recorded three months ago in June 2020.

The company’s website, Cnetso Education, focuses on providing IT solutions for schools, offering services ranging from Azure migration and consultancy to procurement and disaster recovery. It emphasizes a “tailor-made” approach and partnership with LGfL, a leading education technology provider. The site highlights a personal touch and dedicated support, positioning Cnetso as a reliable partner for schools seeking to enhance their IT infrastructure.

Financially, Cnetso Limited presents a mixed picture. While bank borrowings remained stable at £47,000, cash reserves grew by a healthy 9.2% to £64,000. However, current assets also increased by 5.9% to £98,000. Perhaps more concerning, equity dropped by 14% to £24,000, and net assets decreased by 5.2% to £72,000. Creditors also increased by 16% to £49,000, suggesting a greater reliance on short-term financing. The company’s small size—meeting two of three criteria for being considered small—allows for agility, but the decline in equity warrants further investigation. No auditor is mentioned, which is typical for companies of this size. The increase in other taxation and social security payable by 34% is also something to keep an eye on. The company has a lot of investments fixed assets, and it is important to monitor them. Overall, Cnetso appears to be a stable, if somewhat challenged, business navigating the complexities of the education technology market.

Registered in England/Wales under the registration number 05872141, with a registered address at SM4 6RW, England, Morden, Marshall House, Suite 39, 124 Middleton Road.

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