Evolving Networks Limited

Evolving Networks Ltd from Peterborough, UK, is a small, active company established sixteen years ago in 2008. Employing twenty people, the company holds £295,920 in assets and operates from a real address. With three directors and two owners, it’s a family-run business boasting a solid 4.0 Google rating from fifty-four reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded recently.

The company’s website showcases a focus on network solutions, particularly for businesses. They offer services like Ultimate Internet Firewall as a Service, Leased Lines, and Network as a Service, emphasizing resilience, security, and connectivity. Their product range includes solutions for schools, SMEs, and larger enterprises, with features like multi-ISP support, QoS prioritization, and bandwidth aggregation. The website is well-designed and emphasizes the company’s expertise in delivering reliable and secure network infrastructure. They also have a case studies section highlighting successful implementations for clients in various sectors.

Financially, Evolving Networks Ltd presents a mixed picture. Accumulated amortisation for intangible assets increased by 29%, while depreciation for property and equipment rose by 13%. Bank borrowings increased by 31%, and cash reserves grew by 16%. Creditors, however, increased by 27%, suggesting a reliance on short-term financing. The number of employees decreased slightly, by 10%. Despite the company meeting two of three conditions to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, the rise in creditors could indicate some financial pressure. The accounts are unaudited, likely due to the company’s small size, and no auditor is mentioned.

Overall, Evolving Networks Ltd appears to be a stable, albeit small, business providing specialized network solutions. While the financial picture isn't entirely rosy, its focus on reliable connectivity and its strong Google rating suggest a business with a loyal customer base.

Registered in England/Wales under the registration number 06624361, with a registered address at PE2 6LR, United Kingdom, Peterborough, Nexus House 7 Commerce Road, Lynch Wood.

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