Speak-it Limited

Speak It Ltd, based in East Sussex, UK, is a small, active company that’s been around for 28 years. Founded in 1996, it employs 12 people and holds £185,677 in assets. The company operates from a real address and is managed by three directors, with one owner, Tippett Andrew Michael. It runs an e-commerce site and has a respectable Google rating of 4.0 based on 20 reviews. The business regularly imports electrical machinery and equipment, with five months of import activity recorded as of April 2024.

Speak It’s website showcases a diverse range of products and services related to voice technology. It sells voice recorders, dictation machines, and transcription software, catering to professionals in fields like healthcare and legal. The site also offers services like transcription kits, foot controls, and even cloud-based solutions. It’s clear they’re aiming to be a one-stop shop for all things voice-related, with a strong emphasis on providing quality products and support.

Financially, Speak It Ltd presents a mixed picture. While current assets increased by 22% to £190,000, net assets also saw a significant jump of 86% to £20,000. Bank borrowings remained stable at £9,000, and cash reserves increased by 150% to £24,000. Trade debtors saw a substantial rise of 89%, suggesting a possible increase in sales or extended payment terms for customers. Creditors also increased by 22%, which is a natural consequence of increased business activity. The company meets the criteria to be considered small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Speak It Ltd appears to be a stable and growing business. The increase in assets and cash reserves suggests a healthy financial position, although the rise in trade debtors warrants monitoring. The company's focus on voice technology and its strong online presence position it well for continued success, although it’s worth noting that the business operates in the other information technology service activities industries.

Registered in England/Wales under the registration number 03219286, with a registered address at RH18 5LH, East Sussex, Chapel Meadow Cottage, Forest Row.

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