Schoolwatch Ltd

Schoolwatch Ltd, based in London, UK, is a small, active company founded eleven years ago in 2014. With five employees and £359,374 in assets, it operates from a virtual address shared by many other businesses – a bit unusual, really. The company is a family business, run by a solo founder and overseen by one director and two owners, though the owners list changed recently, which is a good sign. It’s an irregular importer, having imported goods for just one month in 2019, and operates in the video distribution, education, and general secondary education industries.

The company’s website, schoolwatch.co.uk, specializes in providing high-tech CCTV, alarms, network installations, and access control systems for schools. They offer comprehensive servicing, repair, and replacement packages, and boast a strong reputation, with numerous positive testimonials from schools praising their attention to detail and responsiveness. They even offer free consultations and site surveys, and their products range from CCTV systems to lockdown mass communication tools.

Financially, Schoolwatch Ltd presents a mixed picture. While current assets increased by 30% to £360,000, cash reserves dropped significantly by 79% to just £8,400. Bank borrowings increased by 130%, reaching £29,000, and trade debtors rose by a substantial 66%, suggesting a reliance on customer payments. Equity also decreased by 13%, which is a little concerning. The company’s small size – meeting two of three criteria for a small company – helps it remain flexible, but the decrease in cash reserves and equity warrants closer attention. The accounts are unaudited, and there’s no mention of an auditor, which is common for small companies. Overall, Schoolwatch Ltd seems to be holding its own, but needs to keep a close eye on its cash flow and manage its debtors effectively.

Registered in England/Wales under the registration number 08894068, with a registered address at N1 7GU, England, London, 20 Wenlock Road.

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