Linkwave Technologies Limited

Linkwave Technologies Ltd, based in Lincoln, UK, is a small, active company established 26 years ago. Employing just six people, it holds assets valued at £545,231 and maintains a real address. With three directors and two owners, the company enjoys a perfect 5.0 Google rating from two reviews. It’s a regular importer and exporter of electrical machinery and equipment, with 89 months of import activity and 31 months of export activity recorded.

The company’s website showcases a wide range of products and services related to IoT solutions. They provide 5G routers, gateways, networking modules, and accessories, alongside cloud services and custom engineering projects. It’s clear they’re targeting businesses needing reliable connectivity and edge computing capabilities. The site emphasizes innovation, confidence, and a commitment to providing tailored solutions for any size project. They even offer bespoke engineering services, filling gaps for customers and supporting projects from design to production.

Financially, Linkwave Technologies Ltd’s recent report shows some concerning trends. Current assets have dropped significantly by 43%, falling to £550,000. Net assets have also taken a hit, declining by 29% to £430,000. Bank borrowings have increased, though not dramatically, and cash reserves have decreased. Trade debtors have fallen considerably, suggesting improved collection of payments, however, creditors have also fallen. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The decrease in assets and net assets, despite improved debt collection, suggests Linkwave Technologies Ltd may be burning through cash faster than it’s generating revenue. This could be due to increased operating expenses or investments in new products or services. While the company’s strong Google rating and focus on IoT solutions indicate a solid foundation, the financial data warrants closer monitoring.

Registered in England/Wales under the registration number 03594968, with a registered address at LN3 4PL, Lincoln, Unit 18 Witham Point, Wavell Drive.

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