Netronics Limited

Netronics Limited, based in Weymouth, UK, is a small, active company founded 25 years ago in 1999. With a single employee and £92,155 in assets, it’s a solo-founded operation led by one director and owner. The company operates from a real address, and its core business involves the manufacture of electronic measuring, testing equipment, and related components. While it occasionally imports electrical machinery and equipment (last recorded in 2022), Netronics primarily exports optical and medical tools and devices—a consistent activity spanning 18 months, with the most recent in January 2024.

The company’s website showcases a specialized focus on wireless communication solutions, particularly point-to-point and point-to-multipoint links operating at high frequencies. It caters to a range of industries, including wireless ISPs, enterprise networks, oil & gas, public safety, and even mining operations, offering both hardware and network planning services. The website also highlights a Canadian-based parent company, Netronics Communications, suggesting a broader international presence.

Financially, Netronics Limited presents a mixed picture. Current assets have decreased by 28% to £92,000, while equity has fallen by 26% to £90,000. Cash bank on hand has seen a significant drop of 35%, settling at £78,000. Trade debtors have increased by 60% to £14,000, which could indicate expanding credit terms or delayed payments. On a positive note, other creditors have decreased by 29% to £920. The company’s small size (meeting two of three criteria for a small company) means it’s likely exempt from an audit, and the financial statements are unaudited.

Overall, Netronics Limited appears to be navigating a period of adjustment. While its export business remains active, the decline in assets and cash reserves suggests a need for careful financial management. The company’s specialized focus and international connections offer potential for growth, but the current financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03862225, with a registered address at DT3 6JH, England, Weymouth, Dorset, 106 Oakbury Drive.

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