Netprotocol Ltd.

Netprotocol Ltd from Bury UK: a small, active company founded 25 years ago, employs 19 people, and holds £1,513,651 in assets. It’s a real address with four directors and three owners. The company irregularly imports and exports machinery, boilers, and mechanical appliances; parts, with import activity spanning one month and export activity spanning two months.

Netprotocol Ltd operates as a managed service provider, focusing on IT security, cloud solutions, and business technology. Its website highlights expertise in areas like networking, software support, and cyber security, catering to sectors including legal, education, and football. The company’s team is described as “enthusiastic” and “hand selected,” with a larger technical team than sales team—a deliberate choice. News articles on the site showcase partnerships and awards, emphasizing its commitment to industry-leading security and technology.

Financially, Netprotocol Ltd presents a mixed picture. Current assets increased by 13%, reaching £1,500,000, while net assets grew by 39% to £750,000. However, cash reserves decreased by 9.1%, settling at £720,000. Trade debtors significantly increased by 73%, reaching £770,000, while creditors also rose by 4.5% to £810,000. Future minimum lease payments increased by 140%, and depreciation on plant machinery grew by 5.6%. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

Overall, Netprotocol Ltd appears to be a stable, albeit growing, business. The increase in debtors suggests a potential need to manage cash flow more effectively, but the growth in assets and net assets indicates a healthy trajectory. The company’s focus on specialized IT services and its commitment to a technically led approach seem to be paying off, despite the financial pressures.

Registered in England/Wales under the registration number 03856449, with a registered address at BL9 5BN, England, Bury, Imperial House, 79-81 Hornby Street.

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