Solwise Limited

Solwise Ltd, based in Hessle, UK, is a small, active company established 33 years ago. With 14 employees and £1,506,625 in assets, it operates from a real address and is overseen by four directors and two owners. The company regularly imports electrical machinery and equipment – a consistent activity spanning 181 months, with the most recent import occurring in January 2025 – and has also engaged in exporting similar equipment for six months, the last shipment being in April 2024.

The company’s website, EnGenius UK, showcases a focus on intelligent wireless network connections. It's not a direct e-commerce site; instead, it functions as a distributor and marketing platform for EnGenius Senao Networks Inc., offering a range of wireless access points, routers, switches, and management solutions. The site highlights products like the Neutron Series, designed for centralized management of wireless networks, and caters to businesses seeking reliable and scalable connectivity. Solwise Ltd is listed as the authorized UK and Ireland distributor and handles both sales and technical support. They also provide contact information for potential customers and resellers.

Financially, Solwise Ltd presents a mixed picture. While current assets have increased by a healthy 43% to £1,500,000, bank cash reserves have seen a dramatic surge, increasing by 280% to £180,000. However, trade debtors have decreased by 43% to £140,000, and creditors have jumped by an impressive 1,300% to £400,000. The company's small size—meeting two of three conditions for classification as a small company—allows for agility, but the significant increase in creditors raises questions about its short-term financial obligations. The company operates under the Small Companies Regime for Accounts, and the financial statements are unaudited. Despite the fluctuations, the company's growth in assets and cash reserves suggests a generally positive trend, although careful management of its liabilities will be crucial going forward.

Registered in England/Wales under the registration number 02621504, with a registered address at HU13 9PB, Hessle, North Humberside, Unit 17 Priory Tec Park Saxon, Way, Priory Park.

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