Comms Express Limited

Comms Express Ltd, based in Chelmsford, UK, is a large, holding company with an active status. Established 23 years ago in 2002, it employs 35 people and boasts assets of £4,960,166. The company generates a yearly revenue of £20,721,671, and operates from a real address at Dukes Park Industrial Estate. With two directors and one owner, it maintains a respectable Google rating of 4.0 based on 120 reviews. Comms Express is a regular importer and exporter of electrical machinery and equipment, having imported for 111 months and exported for 4 months.

The company’s core business involves the wholesale of computers, computer peripheral equipment, and software. It appears to operate primarily through its website, though details on its e-commerce functionality are unavailable.

A review of Comms Express’s financial data reveals some interesting trends. While bank cash increased by 12%, current assets decreased by 4.7% to £5,000,000. Net assets grew by 9.0% to £3,400,000, however, dividends paid decreased significantly by 36% to £690,000. Interestingly, administrative expenses increased by 12% to £3,400,000, and depreciation and amortisation expenses more than doubled, rising 270% to £100,000. Trade creditors decreased by 2.5% to £1,300,000, suggesting better management of short-term liabilities. The company’s size, meeting two of three criteria for a large company, helps it maintain a competitive edge. The financial statements were audited by Xeinadin Audit Limited.

Overall, Comms Express Ltd appears to be financially stable, although the significant increase in depreciation and administrative expenses warrants further investigation. The company’s long-standing presence in the market and its focus on wholesale distribution suggest a resilient business model.

Registered in England/Wales under the registration number 04359914, with a registered address at CM2 6TG, Chelmsford, Essex, 7 Grafton Place, Dukes Park Industrial Estate.

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