Networkmods Limited

Networkmods Ltd, based in Cambridge, UK, is a small, active company established nineteen years ago in 2005. Employing five people, it holds £238,922 in assets and operates from a virtual address shared by forty other companies. With three directors and two owners, it maintains a respectable Google rating of 4.0 based on five reviews. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with the last import operation recorded over two years ago in September 2021.

NetworkMods’ website presents itself as a comprehensive IT support provider for businesses in the Cambridge area. It offers a range of services, from Cyber Essentials certification to ongoing IT support contracts, targeting small to medium-sized organizations across various sectors like pharmaceutical, financial services, and construction. The site emphasizes a hands-on approach, with directors actively involved in client support, and highlights customer testimonials praising their service. There's even a mention of a London to Cambridge cycle event—a nice touch.

Financially, Networkmods Ltd shows a mixed picture. While cash bank on hand decreased slightly by 6% to £120,000, creditors have decreased by 25% to £87,000, suggesting improved debt management. However, accrued liabilities increased by 62% to £12,000, and net assets dropped by 0.73% to £150,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity warrants a closer look. The company's accounts are unaudited, which is standard for small companies.

Overall, Networkmods Ltd appears to be navigating a challenging environment. While its IT support services seem well-received, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 05548319, with a registered address at CB4 0WS, Cambridge, St John's Innovation Centre, Cowley Road.

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