Radio Holland Uk Ltd

Radio Holland Uk Ltd, based in Hartlepool, UK, is a small, holding company with an active status. Founded eight years ago in 2016, the company employs seven people and holds £628,087 in assets. It operates from a real address and is overseen by two directors and one owner. Regular importer and exporter of electrical machinery and equipment, with 29 months of import activity and 26 months of export activity recorded.

The company’s website highlights Radio Holland’s role as a provider of NavCom solutions for the maritime industry. They offer a wide range of equipment and services, including navigation, communication, satellite connectivity, and vessel traffic services. Their clients span various sectors, from deepsea shipping to government ports and offshore construction. The website also features a blog with news and articles related to maritime technology and safety, demonstrating a commitment to industry expertise. It's clear they're not an e-commerce business; instead, they operate as a B2B provider of specialized equipment and services.

Financially, Radio Holland Uk Ltd presents a mixed picture. While current assets are down slightly at £630,000, a decrease of 4%, bank borrowings have increased by a significant 83% to £66,000. This suggests the company may be leveraging debt to fund operations or investments. Net assets, however, have taken a hit, dropping 16% to -£22,000. Cash reserves have also declined by 17% to £250,000. Trade debtors have increased by 7%, indicating potentially delayed payments from customers. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the decrease in equity is a cause for some concern. No auditor is mentioned, which is common for companies of this size.

The increase in borrowings, coupled with the decrease in equity, suggests Radio Holland Uk Ltd might be experiencing some financial pressure. However, the continued import and export activity, and the company’s focus on a specialized market, indicate a business that’s still operating and adapting. It’s likely they’re managing costs and seeking new opportunities to maintain profitability.

Registered in England/Wales under the registration number 10487696, with a registered address at TS27 4SU, England, Hartlepool, Durham, The Old Coach House, Castle Eden.

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