Pacific Computers Limited

Pacific Computers Limited, based in Basingstoke, UK, is a sizable company with a 28-year history, currently employing 56 people. Holding assets worth £5.7 million and generating £14.7 million in revenue annually, it operates as a holding company with an active status. The company, overseen by three directors and one owner, maintains a perfect 5.0 Google rating based on six reviews. It regularly imports and exports electrical machinery and equipment, with 6 months of import activity and 71 months of export activity recorded.

The company's website highlights its role as a provider of audio-visual solutions for businesses. Pacific Computers offers a range of services, including meeting room AV equipment, video conferencing, digital signage, and managed IT services. It caters to various sectors, from corporate environments to education and attractions. The site emphasizes its ability to upgrade meeting rooms, implement BYOD (Bring Your Own Device) and BYOM (Bring Your Own Meeting) solutions, and provide managed AV services. A key element is the offering of video wall solutions and booking systems, suggesting a focus on creating integrated and technologically advanced spaces.

Financially, Pacific Computers Limited shows some concerning trends. Accrued liabilities and deferred income have increased significantly, jumping 150% to £820,000. Accumulated depreciation on furniture and fittings has remained constant, but administrative expenses have risen by 13% to £3.6 million. Bank borrowings have decreased by a substantial 46% to £480,000, and cash reserves have stayed the same at £730,000. Perhaps most notably, net assets have remained steady at £2.6 million. The company's turnover has increased by 14% to £15 million, but profits have fallen by 67% to £140,000. Creditors have decreased by 66% to £110,000. The company is classified as large, having met two of the three criteria: turnover over £36 million and balance sheet total over £18 million. The financial statements were audited by Shaw Gibbs (Audit) Limited.

While the company’s revenue growth is positive, the decrease in profits and the increase in accrued liabilities suggest potential challenges. It’s possible that increased operating expenses or investments in new technologies contributed to the profit decline. The decrease in bank borrowings could indicate improved cash flow management, but the steady cash reserves suggest a need for strategic investments to fuel future growth.

Registered in England/Wales under the registration number 03264034, with a registered address at RG24 8WD, England, Basingstoke, Mariana House, 300 Cedarwood Cedarwood, Crockford Lane, Chineham Business Park, Chineham.

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