Swann Communications (europe) Limited

Swann Communications Europe Ltd, based in Milton Keynes, UK, is a sizable holding company with an active status. Established 16 years ago in 2008, it employs 14 people and manages assets totaling £5,953,879, generating £7,123,349 in revenue annually. With four directors and one owner, the company operates from a real address and runs an e-commerce site, although its Google rating sits at a concerning 1.0 based on just two reviews. They regularly import and export electrical machinery and equipment, with 193 months of import activity and 16 months of export activity recorded.

The company’s website showcases a wide range of security products, from DVR systems and wireless cameras to alarms and lighting. Swann Security positions itself as a provider of DIY home security solutions, emphasizing ease of use, affordability, and a commitment to data privacy. They offer various options, including battery-powered cameras, video doorbells, and hardwired systems, catering to both residential and business customers. The site also highlights the MaxRanger4K system, boasting extended wireless range and perimeter protection.

Financially, Swann Communications Europe Ltd presents a mixed picture. While turnover increased slightly, reaching £7,123,349, net assets took a significant hit, dropping 120% to -£530,000. Cash bank on hand increased dramatically, rising 280% to £270,000, but bank borrowings also increased, suggesting a reliance on external financing. Creditors decreased by 9.3%, which is a positive sign. The company’s size (meeting two of three criteria for a large company) gives it scale, but the sharp decline in equity raises questions about its financial health. The company’s auditor, Ad Valorem Audit Services Limited, has provided an opinion on the financial statements.

The company’s low Google rating suggests a need to address customer service issues and product quality concerns. While the e-commerce side appears active, the financial data indicates potential strain. Whether Swann Communications Europe Ltd can navigate these challenges and maintain its position in the competitive security market remains to be seen.

Registered in England/Wales under the registration number 06659777, with a registered address at MK12 5NF, Milton Keynes, First Floor, 2 Canon Harnett Court, Wolverton Mill.

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