Terramar Networks Limited

Terramar Networks Ltd from Caerdydd UK is a small, active company founded fifteen years ago. With seventeen employees and £1,563,590 in assets, it operates from a real address and is managed by one director and two owners. The company regularly imports and exports electrical machinery and equipment, having imported for 69 months and exported for 77 months. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company's website highlights its role as a leading global provider of asset tracking and fleet management solutions. It offers a range of telematics, camera, and software solutions, with its web-based software, trac point, accessible via computer, tablet, or smartphone. The site caters to sectors like energy, humanitarian, maritime, mining, transport, and logistics. It’s clear they are focused on B2B solutions rather than direct consumer sales.

Financially, Terramar Networks Ltd shows some interesting trends. Cash reserves increased significantly, up 86% to £170,000, which is a positive sign. However, net assets also increased by 24% to £1.2 million, suggesting the company is reinvesting in its business. Creditors rose by 24%, indicating increased borrowing, and bank borrowings decreased, which is good. Development costs capitalised increased by 150%, which could mean they are investing in new products or services. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Terramar Networks Ltd appears to be a stable, growing company. While it’s investing in its future, it’s also managing its finances reasonably well. The company’s focus on asset tracking and fleet management, coupled with its global reach, positions it for continued success, though it would be good to see a profit figure to confirm this.

Registered in England/Wales under the registration number 06936432, with a registered address at CF11 9DF, Caerdydd, Studio 2b 183a Kings Road.

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