Purcell Radio Systems Limited

Purcell Radio Systems Ltd, based in London, UK, is a small, active company established seventeen years ago. With eight employees and £961,056 in assets, it operates from a real address and is overseen by two directors and two owners. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with its last import activity occurring one month ago.

The company’s website reveals a focus on mobile workforce communication and task management solutions. Purcell Radio offers a range of services, including radio consultancy, equipment maintenance, and compliance monitoring software. Its solutions cater to various sectors, like healthcare (The Leeds Teaching Hospitals NHS Trust) and football (Ipswich Town Football Club). The website highlights the benefits of its products, such as improved decision-making, automated task management, and reduced delays. It also features testimonials from satisfied clients, praising the company’s expertise and reliability. Purcell Radio appears to operate a B2B model, selling software and consultancy services rather than directly engaging in e-commerce.

Financially, Purcell Radio shows a mixed picture. Current assets increased by 20% to £960,000, while net assets grew by 10% to £190,000. However, bank borrowings jumped significantly, reaching £39,000, and cash reserves increased by 40% to £450,000. Creditors also rose by 19% to £790,000. The company’s small size (meeting two of three conditions for being classified as small) allows for agility, but the increase in bank borrowings suggests a potential need for financing. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The increase in average number of employees by 12% to nine could indicate growth, but also increased operational costs. It's a bit strange that the company's liabilities are so high, but it could be due to increased stock levels.

Registered in England/Wales under the registration number 06520280, with a registered address at E14 9NN, England, London, Suite 4, 5th Floor City Reach, 5 Greenwich View Place.

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