Ideal Networks Limited

Ideal Networks Limited, based in Brighton, UK, is a sizable company operating as a holding entity with an active status. Established eighteen years ago in 2006, the firm employs fifty-nine people and manages assets totaling £8,994,978. Yearly revenue sits at £13,096,710. The company has a real address and is overseen by three directors and one owner. It boasts a stellar 5.0 Google rating based on twelve reviews, and regularly exports electrical machinery and equipment, with the last export operation occurring five months ago.

Ideal Networks specializes in providing technology solutions for enterprise and smart buildings. Their website highlights expertise in networking, wireless connectivity, cybersecurity, smart building networks, and managed services. They work with high-profile clients, including Battersea Power Station, Coop Live, and Twickenham Stadium, demonstrating a focus on large-scale projects. The company's services extend beyond mere installation; they design, build, and operate secure network infrastructures, offering a comprehensive suite of technology management solutions.

Financially, Ideal Networks presents a mixed picture. While cash bank on hand increased significantly by 34% to £2,700,000, net assets decreased by 9.8% to £1,400,000. Creditors rose considerably by 67%, reaching £2,000,000, suggesting increased reliance on external financing. Turnover decreased by 13%, dropping to £13,000,000, which could be attributed to broader economic factors or shifts in project demand. The company’s operating profit, however, improved dramatically, rising from a loss to £78,000—a positive sign. The company’s average number of employees decreased slightly by 5.1%, indicating a potential streamlining of operations. The firm's auditor, Azets Audit Services, has issued an unqualified opinion, confirming the financial statements give a true and fair view. Despite the decrease in turnover, the company’s ability to turn a profit suggests a resilient business model, although the increase in debt warrants monitoring.

Registered in England/Wales under the registration number 05815973, with a registered address at BN2 1GD, England, Brighton, 8 Arundel Place.

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