Netshell Limited

Netshell Limited, based in Southampton, UK, is a small, active company founded fifteen years ago in 2009. With eight employees and £143,780 in assets, it’s a modest operation led by four directors and a single owner, boasting a perfect 5.0 Google rating from five reviews. The company operates in the retail sale via mail order houses or via internet, as well as business and domestic software development.

Netshell’s website paints a picture of a Microsoft Power Platform consultancy. They specialize in lowcode development, helping businesses automate processes and streamline operations using tools like Power Apps, Power Automate, and Power BI. They target sectors like manufacturing, public sector, retail, and maritime, offering services ranging from custom app development to data visualization and integration. The site is well-structured, with clear explanations of their services and a blog featuring articles on Power Platform best practices. It's clear they're focused on helping businesses leverage Microsoft’s tools to improve efficiency.

Financially, Netshell Limited shows some concerning trends. While cash reserves initially stood at £150,000, they’re now down to £110,000 – a 26% decrease. Current assets have also fallen by 23% to £140,000. Trade debtors have decreased by 10%, which is a positive sign. However, the most significant change is the drop in equity, which has plummeted 22% to £140,000. Bank borrowings are down too, which is good, but the overall picture suggests the company is burning through cash. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's likely agile, but the equity decline warrants closer attention. No auditor is mentioned, which is common for small, exempt companies, so the figures are unaudited.

It seems Netshell is navigating a period of financial pressure, despite its strong online presence and focus on a high-growth area like lowcode development. The company’s success will likely depend on its ability to secure new projects and manage its cash flow effectively.

Registered in England/Wales under the registration number 06952198, with a registered address at SO14 3LP, England, Southampton, Arena Business Centre, Threefield Lane.

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