Radio Systems Limited

Radio Systems Ltd, based in Ramsey, UK, is a small, active company established 45 years ago. With 20 employees and £1,566,743 in assets, it’s a well-established player in its sector. The company, owned by Thilo Jennifer Mary, has four directors and operates from a real address on Stocking Fen Road. It’s a regular importer and exporter of electrical machinery and equipment, with 25 months of import activity and 47 months of export activity recorded, the latest in October 1st 2024 and August 1st 2024 respectively.

The company’s website, while not actively used, indicates a focus on wireless telecommunications activities, suggesting a B2B model. It’s unclear if the company operates an e-commerce site or primarily engages in direct sales.

Financially, Radio Systems Ltd shows a mixed picture. Current assets decreased by 8.8% to £1,600,000, while net assets increased by 3.9% to £1,600,000. Cash reserves decreased by 19% to £780,000, and trade debtors decreased by 21% to £430,000. Creditors decreased by 35% to £310,000. Bank borrowings are zero. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. The increase in retained earnings suggests profitability, although the decrease in cash reserves might indicate increased investment or operational expenses. There is no auditor mentioned, likely due to its status as a small company. The increase in inventory by 82% could be a sign of increased demand or overstocking.

Overall, Radio Systems Ltd appears to be a stable, long-standing business, though the decrease in cash reserves warrants monitoring. The company’s focus on electrical machinery and equipment, combined with its import/export activities, suggests a specialized role within the telecommunications supply chain.

Registered in England/Wales under the registration number 01446539, with a registered address at PE26 2RB, Stocking Fen Road, Ramsey Cambs, Highlode Industrial Estate, Unit 1.

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