Neona Limited

Neona Limited is a small, active company based in Exeter, UK, founded eleven years ago in 10/2013. It’s a solo-founder operation with one director and one owner, employing just one person. While it has a registered address, it's likely a virtual one, as 691 companies share the same location. The company operates in the retail sale via mail order houses or via internet industries.

Neona Embedded Labz’s website showcases a diverse range of products and services, primarily focused on industrial IoT solutions. They design and manufacture components like DCUs, communication modules, and mesh networks, targeting applications like smart metering, street lighting, and water management. They also offer HMI devices, system-on-module boards, and BLDC motor drive solutions. The site highlights their expertise in embedded system design and offers design services, alongside a gallery of products and video tutorials. They even have a section for blockchain in IoT, showing a forward-thinking approach.

Financially, Neona Limited’s recent report paints a mixed picture. Cash bank on hand has completely vanished, dropping 100% to zero. Bank borrowings have spiked dramatically, increasing 630% to £260, while current assets have also disappeared entirely. Creditors have decreased by 33%, suggesting better debt management, but net assets have fallen 57% to -£2,700. Despite these challenges, the company’s small size (meeting two of three conditions for being small) allows for agility. The lack of an auditor mentioned is typical for a small company, and the report is unaudited.

It appears Neona Limited is navigating a period of financial strain, possibly due to increased investment in its diverse product range. While its IoT solutions appear promising, the company needs to address its cash flow issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 08717457, with a registered address at EX1 1PL, England, Exeter, 14 & 15 Southernhay West.

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