Netagon Ltd

Netagon Ltd from Runcorn, UK, is a small, active company founded seven years ago in 2018. Employing 22 people, it holds assets worth £2,493,749 and operates from a real address. With three directors and three owners—Swift Liam Joseph, Swift Williamson Carrie, and Swift Peter—it’s a family-run business with an e-commerce site. The company regularly imports and exports electrical machinery and equipment, with 80 months of import activity and 7 months of export activity recorded, the latest in February 2025.

The company operates in the "other retail sale not in stores, stalls or markets" industries, and its website showcases a wide range of products, from garden and heating solutions to automotive accessories and camping gear. The site emphasizes competitive pricing and fast customer support, hallmarks of a modern e-commerce business. It also highlights its specialization in heating and cooling products, a focus that's been established for decades.

Financially, Netagon Ltd’s recent performance shows some concerning trends. Current assets have fallen by a significant 58%, dropping to £2,500,000, while net assets have decreased by 5.6% to £1,300,000. Bank borrowings have been eliminated, which is positive, but cash reserves have also fallen by 67% to £280,000. Trade debtors have decreased significantly, which is good, but creditors have also fallen by 71%, suggesting a need to manage supplier relationships. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in net assets raises questions about its long-term sustainability. As a small company, it’s likely exempt from an audit, so the figures rely on unaudited director-reported data.

The company's recent financial reports indicate a need to closely monitor cash flow and manage debt effectively. While the e-commerce side appears active and well-stocked, the financial figures suggest a period of adjustment and potential challenges ahead.

Registered in England/Wales under the registration number 11184812, with a registered address at WA7 4UH, England, Runcorn, Cheshire, 4 Chandlers Court, Picow Farm Road.

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