Netshire Ltd

Netshire Ltd from Wolverhampton UK: a small, active company founded four years ago, employs two people, and holds £37,218 in assets. Operating from a virtual address shared by twenty-two other companies, it’s led by a single director and owner, who is also the solo founder. The business runs an e-commerce site and provides technology solutions.

The company’s website showcases a range of services, from online pharmacy platforms and industrial energy management systems to IT services for various sectors, including commercial and domestic clients. It highlights a focus on cloud-based software applications and innovative hardware products, aiming to help small and medium-sized businesses transition to the digital space. Testimonials from Millennium Pharmacy praise Netshire's resourcefulness and key role in their digital transformation. The site also emphasizes partnerships with OEMs and professionals to deliver top-notch services.

Financially, Netshire Ltd presents a mixed picture. While cash reserves increased significantly to £36,000, net assets declined to -£1400, indicating accumulated losses. Trade debtors rose to £800, and creditors increased to £37,000, suggesting potential cash flow challenges. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity warrants closer attention. The accounts are unaudited and prepared by Fortune Tax Accountants Ltd, a common practice for small, exempt companies. It’s likely that the business is still in a growth phase, with initial investments impacting short-term profitability.

Registered in England/Wales under the registration number 12862594, with a registered address at WV1 3HT, England, Wolverhampton, 28 Cleveland Street.

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