Metricell Limited

Metricell Limited, based in Horsham, UK, is a sizable holding company with an active status, having been incorporated eighteen years ago in 2007. The company employs seventy-six people and holds £5,739,762 in assets. With eight directors and one owner, Metricell boasts a stellar 5.0 Google rating from twenty reviews. It’s an irregular exporter of electrical machinery and equipment, with its last export operation occurring in August 2018.

The company operates in the wireless telecommunications activities and business and domestic software development industries. Its website highlights its mission to deliver connectivity through innovative products and services, including network intelligence systems, AI-powered testing, and bespoke mobile applications. It seems to focus on providing solutions for network operators, tower companies, and various enterprises, offering services like data visualization, autonomous testing, and 24/7 monitoring. The website is well-designed and professional, suggesting a strong emphasis on marketing and customer engagement.

Financially, Metricell Limited presents a mixed picture. While cash and cash equivalents increased by a healthy 22% to £3.4 million, net assets only rose by 7.4% to £5 million. Bank borrowings increased significantly by 15%, reaching £1.1 million, which could indicate investment in growth. Creditors also rose by 49%, suggesting increased reliance on short-term financing. Interestingly, administrative expenses grew by 18% to £4.2 million, potentially reflecting increased operational costs. The company’s net loss deepened to -£600,000, despite a rise in interest income. The auditor, Sumer Audit, hasn’t flagged any concerns, but the increased debt and rising expenses warrant closer monitoring. It seems the company is investing in its future, but needs to carefully manage its costs to ensure profitability.

Registered in England/Wales under the registration number 06052274, with a registered address at RH13 5PX, England, Horsham, West Sussex, The Big Blue, 26 Foundry Lane.

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