Sonata Systems Limited

Sonata Systems Limited is a small, active company based in London, UK, established fourteen years ago in 2010. It employs just two people and holds £68,971 in assets, operating from a virtual address shared by many other businesses. With three directors and one owner, the company regularly imports and exports electrical machinery and equipment, with a longer history of importing (11 months) compared to exporting (3 months). The company's registered address is W1W 0PF, England, London, 167-169 Great Portland Street, 5th Floor.

The company’s website reveals a focus on network synchronisation solutions, offering consultancy, training, and software tools like Sync Architect. It caters to telecommunications networks, emphasizing careful planning and optimisation of synchronisation networks to reduce costs. The website highlights a methodology based on six directives to ensure maximum effectiveness. Sonata Systems also provides hardware and software training courses supported by manufacturers.

Financially, Sonata Systems shows a mixed picture. Current assets increased by 15% to £69,000, while net assets improved by 53% to -£12,000. Bank borrowings decreased by 32%, and cash reserves increased by 210% to £9,600. Creditors decreased slightly, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company.

Despite the positive trends in assets and cash, the negative equity suggests the company may be burning through money. The decrease in bank borrowings is a good sign, but the reliance on creditors to manage operations could be a concern. The company's focus on specialised network solutions and its small size allow it to be agile, but its financial health will depend on continued success in securing contracts and managing its expenses.

Registered in England/Wales under the registration number 07428303, with a registered address at W1W 5PF, England, London, 167-169 Great Portland Street, 5th Floor.

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