Network Squad Ltd

Network Squad Ltd, based in London, UK, is a small, active company founded eleven years ago in 2014. It employs six people and holds £217,927 in assets, operating from a real address. With one director and one owner, the company has a stellar 5.0 Google rating based on a single review. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import activity recorded one month ago.

The company’s website, while not providing detailed information, suggests a focus on IT support and services, operating in areas like information technology consultancy, retail of telecommunications equipment, and related services. It seems to be a B2B operation, rather than an e-commerce site.

Financially, Network Squad Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 280% to £90,000, which is a positive sign. However, net assets have dramatically improved, soaring 2700% to £130,000, a significant turnaround from previous losses. Trade debtors have exploded, increasing by a staggering 3500% to £120,000, which could indicate delayed customer payments or an expansion of credit terms. Creditors have decreased by 100%, which is a good sign. The company meets two of the three criteria to be considered small, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

The significant increase in trade debtors is something to watch, as it could put a strain on cash flow if not managed effectively. The company's strong Google rating suggests good customer service, which is crucial for retaining clients and generating repeat business. Overall, Network Squad Ltd appears to be navigating a period of growth, but it’s important to monitor its debt management practices to ensure long-term financial health.

Registered in England/Wales under the registration number 08937038, with a registered address at E10 7JQ, United Kingdom, London, Regent 88 Unit 3, 210 Church Road.

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