Earshot Communications Limited

Earshot Communications Ltd from Chichester UK: a small, active company founded 21 years ago, operates with a single employee and holds £339,881 in assets. It's a family business led by three directors and two owners, and functions as a solo founder operation. The company regularly imports and exports electrical machinery and equipment, with 8 months of import activity and 13 months of export activity recorded.

The company’s website, while not directly available for detailed analysis, suggests a focus on telecommunications activities, specifically operating in the other telecommunications activities industries. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Earshot Communications Ltd presents a mixed picture. Current assets increased by a significant 61% to £340,000, while bank borrowings surged by 37% to £14,000. Creditors also increased by 51% to £160,000. On a positive note, the company’s net assets increased by 84% to £170,000. The company’s profits remained steady at £140,000. The lack of an auditor mentioned (likely exempt as a small company) means the financial data is unaudited.

The company’s growth in assets and profits suggests a stable, if modest, trajectory. The increase in bank borrowings and creditors, however, could indicate increased operational expenses or a need for more working capital. It’s possible the company is reinvesting in its business to support its import and export activities, or perhaps facing increased competition in the electrical machinery and equipment market.

Registered in England/Wales under the registration number 04922848, with a registered address at PO19 7JU, United Kingdom, Chichester, West Sussex, 8 St James Industrial Estate, Westhampnett Road.

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