Radio Data Networks Limited

Radio Data Networks Ltd, based in Bishop's Stortford, UK, is a small, family-run business with an active status, celebrating 30 years in operation. The company employs eight people and holds £316,516 in assets. With three directors and two owners, it’s a tight-knit team operating from a real address. While primarily known for exporting optical and medical tools and devices (six months of activity), it also imports electrical machinery and equipment, though less frequently (one month).

The company’s website highlights its role as a leading provider of smart environmental risk reduction solutions. It offers a range of services, including flood monitoring, rail safety condition monitoring, and wastewater control—all geared towards helping customers manage critical assets and deliver reliable realtime data. The website showcases bespoke engineering solutions, radio telemetry, and smart network creation, catering to sectors like water, rail, and wastewater. It's clear they're targeting a niche market with specialized technology.

Financially, Radio Data Networks Ltd shows a mixed picture. Current assets decreased slightly by 4%, to £320,000, while net assets increased by 21% to £430,000. Cash reserves declined by 12% to £100,000, and bank borrowings decreased by 11%. Creditors dropped by a significant 64%, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to its small size, so the figures are unaudited.

The company’s intangible assets have seen a decline, with Amortisation Impairment Intangible Assets increasing by 10%, and Intangible Assets decreasing by 9.7%. This suggests a shift in the company's focus, or perhaps a write-down of assets. It's also worth noting that the company's average number of employees decreased by 12%, which could be a result of restructuring or cost-cutting measures. Overall, Radio Data Networks Ltd seems to be navigating a period of transition, balancing its established export business with ongoing investments in new technologies and services.

Registered in England/Wales under the registration number 02984975, with a registered address at CM22 7QU, Bishop's Stortford, Hertfordshire, The Innovation Farm Sawbridgeworth Road, Little Hallingbury.

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