Perimeter Controls Ltd

Perimeter Controls Ltd from Wolverhampton UK is a small, active company founded four years ago. With 14 employees and £973,379 in assets, it operates from a virtual address, managed by three directors with no reported owners. A 4.0 Google rating from three reviews suggests reasonable customer satisfaction, and the company regularly imports electrical machinery and equipment, with 28 months of import activity recorded.

The company's website, perimetercontrols.co.uk, showcases its expertise in specialised construction activities, particularly focusing on perimeter security solutions. While not a traditional e-commerce site, the website details a range of services including site surveys, design, installation, and maintenance of fencing, gates, and access control systems. It appears to target commercial and industrial clients, emphasizing reliability and compliance with industry standards.

Financially, Perimeter Controls Ltd presents a mixed picture. Current assets have decreased by 10% to £970,000, while net assets have plummeted 7900% to -£140,000. Bank overdrafts have increased by 14% to £250,000, and cash reserves have fallen 31% to £23,000. Creditors have increased by 9.3% to £400,000, and trade debtors have decreased by 9% to £500,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline is concerning. The increase in bank overdrafts, combined with decreasing cash reserves, suggests the company is burning through money. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The significant increase in depreciation on plant and machinery, coupled with a decrease in property assets, indicates potential investment or write-offs. While the company’s core business seems to be operating, the financial data reveals a challenging situation. The reliance on bank overdrafts to cover short-term liabilities is not sustainable long term.

Registered in England/Wales under the registration number 13362747, with a registered address at WV1 4EG, England, Wolverhampton, C/O Muras Baker Jones Limited 3rd Floor, Regent House, Bath Avenue.

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