M2m Connect Ltd

M2m Connect Ltd, based in Gloucester, UK, is a small, active company founded eight years ago in 2016. With a single employee and £74,793 in assets, it operates from a real address and is managed by one director and owner. The company specializes in the business and domestic software development industries, acting as a regular importer of electrical machinery and equipment for nine months, and an irregular exporter for two months.

The company's website, m2mconnect.co.uk, showcases its focus on providing modems, gateways, and routers for wireless M2M connectivity. It acts as an approved distributor for several global manufacturers, offering a range of products and services including support, preconfiguration, and customisation. The site highlights solutions for various applications, including industrial machine-to-machine, metering, and telemetry, and even features a blog with industry insights.

Financially, M2m Connect Ltd presents a mixed picture. While current assets increased by 28% to £75,000, equity significantly decreased by 50%, falling to £6,900. Cash bank on hand also rose by 21%, reaching £26,000, but creditors increased substantially by 53% to £68,000. Trade debtors also increased by 35% to £29,000. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity suggests potential financial pressures. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company’s focus on niche M2M connectivity and its partnerships with established manufacturers seem promising, but the financial data indicates a need for careful management and potentially a focus on improving profitability.

Registered in England/Wales under the registration number 10469059, with a registered address at GL19 3JQ, England, Gloucester, 1 Roundbush Cottage Hawcross, Redmarley.

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