Provu Communications Ltd

Provu Communications Ltd, based in Milnsbridge, UK, is a sizable company operating as a holding entity with an active status. Established 26 years ago in 1999, it employs 22 people and holds assets valued at £5,830,393, generating an annual revenue of £13,610,811. The company has five directors and one owner, and its registered address is a real one. It regularly imports and exports electrical machinery and equipment, with a long history of both activities.

The company functions as a distributor for a wide range of VoIP products from leading brands like Snom, Gigaset, Yealink, and Cisco. Its website highlights its services, including fulfilment, technical support, and phone management, catering to resellers. It even offers zero-touch provisioning and API access. The business also provides training on various products and has a clearance list for discounted items.

Financially, Provu Communications Ltd shows a mixed picture. While current assets increased by 17% to £5.8 million, net assets have also increased by 14% to £4.1 million. However, bank borrowings have risen significantly by 80% to £1.5 million, and cash reserves have decreased by 13% to £1.2 million. Creditors have also increased by 23% to £1.7 million. The company’s size—meeting two of three conditions for a large company—suggests a robust operation, with turnover exceeding £36 million and balance sheet total over £18 million.

The company’s auditor, Wheawill & Sudworth Limited, has not reported any significant issues. While the increase in bank borrowings and decrease in cash reserves are worth noting, the company’s overall financial health appears stable. The growth in creditors suggests that the company is managing its debts effectively. It’s likely that the company is investing in its business to maintain its position as a leading distributor in the VoIP market.

Registered in England/Wales under the registration number 03748320, with a registered address at HD3 4PG, Milnsbridge, Huddersfield, Savile Mill, Savile Street.

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