March Networks Limited

March Networks Limited, based in London, UK, is a large, active company founded 22 years ago. Despite having just two employees, it holds assets worth £965,823. The company operates from a virtual address, a point of note as 232 other companies are registered at the same location. It’s led by three directors, but surprisingly, no owners are listed. March Networks regularly imports electrical machinery and equipment, with 32 months of import activity recorded, the latest in December 2024.

The company’s website paints a picture of a provider of intelligent IP video surveillance solutions. It caters to a wide range of industries, including finance, retail, transportation, and healthcare, offering products and services to enhance security, improve operational efficiency, and gain business intelligence. Their offerings range from cameras and recorders to cloud solutions and integration services. The website emphasizes a focus on data-driven insights and proactive security measures. It's clear they're not a simple e-commerce site, but rather a B2B provider of complex surveillance systems.

Financially, March Networks Limited shows a mixed picture. While cash reserves increased by a substantial 100% to £140,000, net assets decreased significantly by 88% to -£140,000. The company’s cost of sales dramatically increased by 390% to £1,100,000, while profit loss plummeted from £980,000 to just £13,000. A large increase in trade debtors, rising by 1,600% to £830,000, suggests potential cash flow issues, although it could also reflect increased sales on credit. Staff costs increased by 11% to £220,000. The company's auditors, Mercer & Hole LLP, signed off on the financial statements, but the substantial loss and negative equity raise questions about its long-term viability. It’s worth noting that the company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250.

Registered in England/Wales under the registration number 04467176, with a registered address at E1 6RS, United Kingdom, London, 1 Blossom Yard, Fourth Floor.

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