Purdicom Limited

Purdicom Ltd from Wantage UK: a large company with an active status, was founded 20 years ago. Employing 56 people, it holds £22,290,182 in assets and generates £43,952,076 in yearly revenue. It has a real address, five directors, and one owner, boasting a stellar 5.0 Google rating from 12 reviews. The company regularly imports and exports electrical machinery and equipment, with 333 months of import activity and 135 months of export activity.

The company’s website, Purdicom Limited, describes it as a supplier of electronic parts and equipment. It’s not clear if they have an e-commerce presence, but the site focuses on wholesale distribution. They appear to be a business-to-business operation, catering to other companies rather than individual consumers.

Financially, Purdicom Ltd shows a mixed picture. Current assets decreased by 17%, dropping to £22 million. Bank borrowings increased by 63%, reaching £470,000, and cash reserves fell 75%, leaving just £470,000. Creditors also decreased by 39%, suggesting better management of short-term debt. The company’s large size (meeting two of three criteria for a large company) and the significant revenue demonstrate a substantial operation, despite the drop in cash reserves. The auditors, UHY Ross Brooke, have reported that the financial statements give a true and fair view, but the decline in cash could indicate tighter margins or increased investment. It’s likely the company is facing some pressures, but its established position and large revenue suggest it’s able to weather the storm.

Registered in England/Wales under the registration number 05361794, with a registered address at OX12 8TA, Wantage, Oxfordshire, Mitchell House, Unit 4 Woolley Barns.

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