The Network Zone Ltd
- Active
- Small
- 8 years
- 1 employee
- £79,191 (cur assets)
- 0-1m
- Regular importer
- Regular exporter
- Real address
- 2 directors
- 1 owner
- Solo founder
- Walsall
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The owners list was changed 3 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
The Network Zone Ltd is a small, active company based in Walsall, UK, established seven years ago in November 2017. With two employees and £114,434 in assets, it operates from a real address at 63 Pelsall Lane, Rushall, and is overseen by three directors and two owners. The company’s status is active, and it’s registered under the small companies regime. It’s involved in the wholesale of computers, electronic equipment, and related services, as well as information technology and support activities.
The Network Zone Ltd is a regular importer of electrical machinery and equipment, with five months of import activity recorded, and a regular exporter, boasting ninety-two months of export activity. The latest export operation took place in February 2025. It’s a tight-knit operation, with Shaikh Wasimullah and Singh Surinder listed as both directors and owners.
Financially, the company’s numbers present a mixed picture. Current assets have increased by a modest 30%, reaching £110,000, while net assets have also risen by 23%, standing at £27,000. However, cash reserves have decreased by 36%, dropping to £28,000. Bank borrowings have also seen a decline, decreasing by 5.5% to £4,700. Creditors have increased significantly, rising by 88% to £55,000, which could indicate expanding operations or potentially increased debt. Trade debtors have also increased substantially, by 97%, suggesting a possible reliance on customer payments. The company meets the criteria for a small company, with a turnover under £10.2 million and assets under £5.1 million. There’s no auditor mentioned, which is common for companies of this size.
The financial data reveals a company that's growing, but also facing some financial pressures. The increase in creditors and debtors, alongside the decrease in cash reserves, suggests it may be burning through money faster than it’s bringing it in. It’s possible the company is investing heavily in growth, but it will need to manage its cash flow carefully to avoid future difficulties.
Registered in England/Wales under the registration number 11079030, with a registered address at WS4 1NA, England, Walsall, West Midlands, 63 Pelsall Lane Rushall.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 8 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 8 years
- 10
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-11-13 with updatesDownload 5 pages pdf report
-
Change of details for Mr Surinder Singh as a person with significant control on 2025-11-13Download 2 pages pdf report
-
Cessation of Wasimullah Shaikh as a person with significant control on 2025-11-13Download 1 page pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about The Network Zone Ltd
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