Ringcentral Uk Ltd

Ringcentral Uk Ltd from London UK is a large, active company founded 16 years ago. Employing 236 people, it holds £58,883,855 in assets and generates £102,315,374 in yearly revenue. The company, with three directors and two owners, operates from a real address and is considered a family business, boasting a 4.0 Google rating from 124 reviews. It regularly imports and exports electrical machinery and equipment.

The company’s website indicates a focus on providing cloud-based communication solutions, including VoIP, video conferencing, and contact center services. While the site doesn's explicitly state whether it’s an e-commerce platform, the presence of product pages and pricing information suggests a direct sales component. The website is well-designed and professional, highlighting the company’s global reach and technological capabilities.

Financially, Ringcentral Uk Ltd presents a mixed picture. While current assets increased by a substantial 58% to £59 million, net assets decreased by 11% to £19 million. Bank borrowings increased by 160% to £31 million, and cash reserves increased by 240% to £11 million. Creditors decreased by 16% suggesting improved debt management. The company’s size, meeting two of three criteria for a large company (turnover over £36 million, assets over £18 million, and over 250 employees), helps it compete in the telecommunications market. The company’s financial statements were audited by Blick Rothenberg Audit LLP.

The increase in bank borrowings, despite the rise in cash reserves, could indicate investments in infrastructure or expansion efforts. The decrease in net assets, while concerning, may be due to retained earnings being reinvested back into the business. Overall, Ringcentral Uk Ltd appears to be a financially stable company, though it's important to monitor its debt levels and profitability in the coming years.

Registered in England/Wales under the registration number 06737634, with a registered address at EC2V 7HR, United Kingdom, London, Level 3 5 Aldermanbury Square.

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