Radioworld Ltd

Radioworld Ltd, based in Walsall, UK, is a small, family-run business established 21 years ago. With seven employees and £200,643 in assets, it operates from a real address and is managed by three directors and two owners. The company’s core business involves importing and exporting electrical machinery and equipment – a consistent activity spanning 188 months for imports and 68 months for exports. It also runs an e-commerce site selling a wide range of radio equipment, from amateur radios to scanners and CB radios, alongside accessories and related products.

Radioworld’s website showcases a diverse inventory, catering to both amateur radio enthusiasts and commercial users. It includes sections for airband transceivers, marine radios, CB radios, and a variety of antennas and accessories. The site also features a selection of consumer electronics, audio equipment, and even covert surveillance equipment, suggesting a broad range of interests.

Financially, Radioworld Ltd shows a mixed picture. Current assets decreased by 22%, falling to £200,000, while net assets also declined by 22%, reaching £180,000. Bank borrowings have reduced by 14%, down to £100,000, and cash reserves have fallen by 39%, dropping to £83,000. Creditors have also decreased by 14%, to £100,000. The company’s small size—meeting two of three criteria for a small company—helps maintain agility. The decrease in cash reserves, however, could indicate tighter cash flow management. As a small company, it’s likely unaudited, relying on director-reported figures. The company has been around for quite a while, and it’s a real business, but the financials suggest it’s working hard to stay afloat.

Registered in England/Wales under the registration number 04782210, with a registered address at WS6 6NH, England, Walsall, West Midlands, 263 Walsall Road, Great Wyrley.

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