Pace Networks Limited
- Small
- Holding
- Active
- 13 years
- 11 employees
- £2,432,698 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Pace Networks Ltd from South Cerney UK is a small holding company with an active status, established thirteen years ago in 2011. The company employs eleven people and holds £2,432,698 in assets. It has a real address, is overseen by three directors, and has one owner. Pace Networks is a regular importer of electrical machinery and equipment, with eighty-four months of import activity recorded, the last in March 2025.
The company operates in the distribution of electricity industries, partnering with global manufacturers to provide the UK and Ireland rail and power grid industries with innovative technologies. Its website details a wide range of products and services, including rail electrification, power grid technologies, and stocking services. Pace Networks also offers project support, case studies, and a whole-life model to assist customers. The company’s website showcases a commitment to quality, with a focus on global partners and a strong team.
Financially, Pace Networks Ltd shows a mixed picture. Current assets decreased by 51% to £2,400,000, while net assets fell 16% to £810,000. Bank borrowings increased by 130% to £12,000, and cash reserves declined 16% to £270,000. Creditors decreased by 60%, suggesting improved debt management, however, trade debtors have dropped by a significant 77%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
Despite the financial challenges, Pace Networks Ltd seems to be maintaining a steady business, leveraging its partnerships and expertise in the rail and power grid sectors. The company’s focus on innovative technologies and customer support positions it well for future growth, but the decline in assets warrants close monitoring.
Registered in England/Wales under the registration number 07857116, with a registered address at GL7 5XL, England, South Cerney, Gloucestershire, Nexus House Site E, Lakeside Business Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 7 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 3
-
Resident of United Kingdom
-
Individual
- 13 years
- 4
-
Resident of United Kingdom
-
Individual
- 13 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Confirmation statement made on 2024-11-22 with updatesDownload 6 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
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Confirmation statement made on 2023-11-22 with updatesDownload 6 pages pdf report
Importer profile by HS codes
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Last imported products
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