Resonics Ltd

Resonics Acoustic Treatment Specialists Ltd from Deptford, UK, is a large, active company founded eleven years ago, in December 02, 2013. Employing nineteen people, it holds £8,008,386 in assets and generates £15,220,787 in yearly revenue. With five directors and two owners, the company boasts a stellar 5.0 Google rating based on seventy-one reviews, a testament to its reputation. It operates from a real address and regularly imports electrical machinery and equipment (38 months), while occasionally exporting aluminum and aluminum products (1 month).

Resonics specializes in acoustic treatment for various spaces, offering services ranging from acoustic surveys and design to supply and installation. Its website showcases a wide range of products, including acoustic panels, screens, and artwork, catering to diverse industries like offices, schools, and entertainment venues. The company also provides sound masking solutions, a unique offering designed to reduce noise and improve comfort.

Financially, Resonics presents a mixed picture. While turnover increased by 7.6%, net assets decreased by 11.0% to £2,400,000. Cash bank on hand increased dramatically by 210%, reaching £3,800,000, indicating improved liquidity. However, administrative expenses rose by 14%, and bank borrowings increased by 180%, suggesting higher operating costs and potentially increased reliance on debt. The company’s average number of employees also increased by 21%, reflecting growth in its operations. The increase in director remuneration by 180% could be a reflection of the company’s growth and the increased workload on its leadership team. It’s worth noting that the company’s tax rate increased significantly by 32%, which could impact its profitability. The company is audited by Ardor Business Solutions Limited.

The trends suggest that Resonics is experiencing growth and expansion, but it's also facing increased costs and potentially higher debt levels. The company’s success hinges on its ability to maintain its reputation for quality and continue to attract new clients in the competitive acoustic treatment market.

Registered in England/Wales under the registration number 08798205, with a registered address at SE8 5NY, Deptford, London, Unit A, Clarson Court, 130 Gosterwood Street.

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