Predicomm Ltd

Predicomm Ltd, based in London, UK, is a small, active company founded six years ago. With £32,596 in assets and a virtual address shared by many other businesses, it’s a compact operation managed by two directors and owners. Google users rate it a perfect 5.0 based on nine reviews. Predicomm is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of July 2021.

The company’s website highlights its focus on providing ePOS (electronic point of sale) systems and related services to various businesses, including restaurants, supermarkets, and barbers. It offers a range of solutions, from tablet-based systems and waiter call systems to online ordering platforms and mobile apps—all designed to streamline operations and enhance the customer experience. The site emphasizes cloud access, integration with payment systems, and reporting tools, suggesting a modern, technology-driven approach.

Financially, Predicomm Ltd presents a mixed picture. Current assets increased by 59%, reaching £33,000, while net assets plummeted 8500%, resulting in a negative balance of -£4,700. Bank borrowings decreased by 37%, and cash reserves fell by 72%, leaving just £87. Creditors also decreased by 37%, and trade debtors decreased by 330%. 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 it to be flexible, but the significant drop in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Predicomm Ltd appears to be navigating a challenging financial landscape. While its ePOS solutions seem well-received, the company needs to address its declining equity and manage its cash flow to ensure its long-term sustainability.

Registered in England/Wales under the registration number 11933751, with a registered address at N16 9BS, United Kingdom, London, 17 Green Lanes.

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