Go2sim Limited

Go2sim Ltd from Chatham UK is a small, active company founded nine years ago. With four employees and £439,009 in assets, it operates from a real address and is overseen by two directors and one owner. The company regularly imports electrical machinery and equipment, with seven months of import activity recorded, the last operation made in December 2024.

Go2sim specializes in tailoring SIM packages for businesses, particularly within the Internet of Things (IoT) sector. Their website highlights a team of experts in SIM card communication, M2M (machine-to-machine), and IoT technologies, offering bespoke end-to-end solutions. They also provide SIM cards and routers, serving clients across various industries. A key differentiator is their market-leading technology, combining connectivity with a backoffice portal, and they’re members of an industry association. Their website also features testimonials from Connected Kerb, an electric vehicle charging solutions provider, praising Go2sim's reliability and support.

Financially, Go2sim shows a mixed picture. Current assets increased by 23% to £440,000, while net assets decreased by 7.5% to £210,000. Bank borrowings remained relatively stable, and cash reserves decreased by 27% to £270,000. Creditors increased significantly, by 83%, suggesting perhaps an increased reliance on trade credit. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size.

Overall, Go2sim appears to be a stable, albeit small, business, though the increase in creditors is something to keep an eye on. Their focus on IoT solutions and strong customer testimonials suggest a niche market with potential for growth, but the financial figures indicate they're burning through money a little fast.

Registered in England/Wales under the registration number 10182960, with a registered address at ME4 4TE, England, Chatham, Kent, The Guardhouse, The Historic Dockyard.

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