Redway Networks Ltd

Redway Networks Ltd, based in Milton Keynes, UK, is a small, active company founded nine years ago. Employing nine people, the business holds £935,713 in assets and generates a yearly revenue of £5,513,721. It’s a real address, managed by two directors and two owners, and boasts a stellar 5.0 Google rating from five reviews. The company operates as an irregular importer of electrical machinery and equipment, with its last import operation occurring one month ago in October 2022.

Redway Networks specializes in networking and WiFi solutions for businesses. Their website highlights services ranging from WiFi surveys and design to installation and ongoing support. They cater to sectors like education, warehousing, and offices, offering complete network management solutions. The company emphasizes industry-leading technical expertise, reliable solutions, and a custom approach. They even have a blog with insights on topics like network switches and school WiFi performance.

Financially, Redway Networks shows some interesting trends. Cash bank on hand decreased by 30% to £270,000, while administrative expenses increased by 30% to £680,000. Net assets, however, saw a remarkable turnaround, jumping 150% to £100,000. Creditors decreased by 20%, and turnover increased by 85% to £5.5 million. The number of employees increased from nine to eleven, which could be a sign of growth, but also potentially increased costs. While the company is small, meeting two of three criteria for a small business, the significant equity turnaround is a positive sign, though it’s worth noting that the figures are unaudited.

Registered in England/Wales under the registration number 09867985, with a registered address at MK13 8LW, England, Milton Keynes, Buckinghamshire, Suite4, Aurora House Deltic Avenue, Rooksley.

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