Telenova Limited

Telenova Ltd from Wisbech, UK, is a small holding company with an active status, established 18 years ago. Employing 32 people and holding £724,042 in assets, the company is led by four directors and one owner. It operates from a real address and regularly imports and exports electrical machinery and equipment, with 29 months of import activity and 25 months of export activity.

The company’s website showcases a diverse range of services focused on intelligent building management systems, surveillance, and IT solutions. Telenova Networks invents, engineers, manufactures, and integrates technology addressing challenges around energy, safety, security, communication, and productivity. It even has a presence in the high-end piano restoration market through its 1066 Pianos division, operating from Cambridge and with a showroom in Harrods.

Financially, Telenova Ltd’s recent performance presents a mixed picture. Current assets have decreased by 36%, falling to £720,000, while net assets have also dropped significantly by 53%, now standing at £140,000. Bank borrowings have decreased by 14%, now at £48,000, and cash reserves have plummeted by 82%, leaving just £60,000. However, creditors have also decreased by 32%, suggesting some improvements in debt management. The company meets the criteria for a small company, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 70 employees. No auditor is mentioned, likely due to its small size.

The company’s focus on technology solutions and its diversification into the piano market suggest an innovative approach, but the decline in assets and cash reserves warrants close attention. Whether Telenova can sustain its growth and navigate these financial pressures remains to be seen.

Registered in England/Wales under the registration number 05910429, with a registered address at PE13 2XQ, England, Wisbech, Cambridgeshire, Unit 6 Fosters Business Park, 79 Boleness Road.

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