Retail Comm Solutions Ltd

Retail Comm Solutions Ltd from Portsmouth UK: a small company with an active status, was founded twelve years ago in 2012. It operates with just one employee and holds £44,679 in assets. The company uses a virtual address, with thirty-three other companies registered at the same location, and is led by a single director and owner, who is also the solo founder. It regularly imports optical and medical tools and devices, with seven months of import activity recorded.

The company operates in the data processing, hosting and related activities industries. Its website reveals a focus on providing safety and security solutions for various sectors, including public safety, retail, and manufacturing. It offers a range of products and services, from radios and software to video security and managed services, emphasizing a connected ecosystem designed to protect people, property, and places. The site highlights solutions for missing children, occupational assaults, road accidents, and active workplace threats, showcasing a commitment to addressing critical safety challenges.

Financially, Retail Comm Solutions Ltd presents a mixed picture. While cash bank on hand increased dramatically by 2800% to £14,000, net assets improved significantly, rising by 120% to £1,400. However, accrued liabilities deferred income increased by 170% to £1,600. Bank borrowings decreased by 33% to £3,600. Current assets also increased by 62% to £45,000. The company meets the criteria to be classified as a small company, with turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small companies.

The company’s financial data suggests a period of stabilization after a previous decline. The increase in cash reserves and improved net assets are positive signs, while the rise in liabilities could indicate increased investment or operational expenses. It’s likely that the company is still navigating the challenges of a small business, but its focus on providing safety and security solutions positions it well for future growth.

Registered in England/Wales under the registration number 08231565, with a registered address at PO6 3AG, England, Portsmouth, Hampshire, 1st Floor 50 High Street, Cosham.

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