Network Communication Systems Limited

Network Communication Systems Ltd, based in Bentley, Doncaster, UK, is a small, active company established 32 years ago. With nine employees and £369,498 in assets, it’s a well-established player in its sector. The company, run by two directors and one owner, boasts a stellar 5.0 Google rating from two reviews. It’s a regular importer of electrical machinery and equipment, with recent activity recorded in April 2023.

The company’s core business revolves around the manufacture of telegraph and telephone apparatus, communication equipment, and the repair of electronic and optical equipment, alongside electrical installation services. While a website isn't available for direct analysis, the company’s activities suggest a B2B focus rather than direct e-commerce.

Financially, Network Communication Systems Ltd presents a mixed picture. Current assets have fallen by 29%, dropping to £370,000, while net assets have experienced a more substantial decline of 39%, settling at £180,000. Bank borrowings have increased by a significant 2,400%, reaching £29,000, and cash reserves have decreased by 10%, now standing at £69,000. Creditors have increased by 33%, reaching £64,000, and trade debtors have fallen by 52%, dropping to £110,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, relying on unaudited financial statements.

The decline in equity and the increase in borrowings suggest the company is burning through cash, although the decrease in trade debtors indicates improved collection of payments. The company’s long history and strong Google rating suggest a loyal customer base, but the financial pressures warrant close monitoring.

Registered in England/Wales under the registration number 02769714, with a registered address at DN5 0BH, Bentley Doncaster, South Yorkshire, Network House, 8 Cooke Street.

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