Teligent Limited

Teligent Limited, based in West Malling, UK, is a sizable company with an active status, having operated for 31 years. Employing 97 individuals, the company holds £5,424,972 in assets and generates £18,212,080 in yearly revenue. With two directors and a solo founder, it’s a well-established entity, boasting a perfect 5.0 Google rating from two reviews. The company’s registered address is real, with only one other company registered at the same location.

Teligent operates as a systems integrator, specializing in legacy system replacement, custom solution development, and service delivery. Its website highlights expertise in telecom tower infrastructure and offers solutions like legacy migration, call completion, and messaging services. The company also provides VoIPZone, a service enabling voice telephony over IP connections. A key focus is on providing solutions for telecom providers facing challenges with maintaining legacy platforms while seeking to reduce costs and implement new technologies. The website details a range of services, including custom solution design, application development, and 24/7 support, targeting both telecom operators and original equipment manufacturers.

Financially, Teligent Limited presents a mixed picture. While turnover increased by a substantial 66% to £18,212,080, the company experienced a significant downturn in equity, plummeting 140% to -£640,000. Net assets also decreased, dropping 60% to £3,500,000. Bank borrowings increased by 32%, reaching £140,000, while cash reserves declined 35% to £21,000. Creditors decreased by 18%, suggesting improved debt management. The company’s size (meeting two of three criteria for a large company) indicates a substantial operation, but the sharp decline in equity raises concerns. The company’s auditor, Whitehead & Howarth, provided an opinion stating the financial statements give a true and fair view. The decrease in equity could be a result of increased investment in new technologies or a temporary dip in profitability, but further investigation would be needed to determine the underlying cause. The company’s reliance on legacy systems, while offering a niche service, may also expose it to risks as technology continues to evolve.

Registered in England/Wales under the registration number 02893478, with a registered address at ME19 4AQ, United Kingdom, West Malling, Kent, 2 Kings Hill Avenue, Kings Hill.

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