Drd Communications Limited

Drd Communications Ltd, based in Croydon, UK, is a holding company with an active status, having been founded 27 years ago in 1998. The company employs 19 people and holds assets totaling £6,775,337. It has a real address and is managed by three directors and one owner. Google ratings are low at 1.0 based on just one review. The company is an irregular importer, with its top import category being none, totaling just one month of imports, the last operation was made on July 01, 2019.

Drd Communications Ltd operates through three distinct brands: Uboss, VanillaIP, and Qudo. Uboss focuses on software development, specifically a cloud trading platform for the cloud industry. VanillaIP serves as a white-label channel provider to the UK market, aiming to help businesses quickly enter the cloud sector. Qudo works directly with end-users to develop platform functionality. The company’s website lists its address as No 1 Croydon, 12-16 Addiscombe Road, CR0 0XT.

Financially, Drd Communications Ltd shows some concerning trends. While cash and cash equivalents increased by 23%, to £7.9 million, net assets have decreased significantly, with a 19% drop to £7.5 million. Borrowings have increased, and there's been a considerable decrease in accumulated amortisation impairment intangible assets, which could indicate a write-down of assets. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company’s auditor is TC Group, and the financial statements are audited. Despite these challenges, the company continues to operate and adapt to the changing market.

Registered in England/Wales under the registration number 03545257, with a registered address at CR0 0XT, Croydon, Surrey, No 1 Croydon, 12-16 Addiscombe Road.

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