Videosoft Global Ltd
- Small
- Active
- 4 years
- 6 employees
- £1,482,833 (assets)
- Virtual address
- 3 directors
- 1 owner
- Regular importer
- Regular exporter
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Videosoft Global Ltd, based in Beaconsfield, UK, is a small, active company founded four years ago. Employing six people, it holds £1,482,833 in assets and operates from a virtual address, a fact highlighted by the presence of fifty-three other companies registered at the same location. The company is led by three directors and owned by a solo founder, Wang Ya-hsuan. It regularly imports and exports electrical machinery and equipment, with recent activity recorded in September 2024 for imports and December 2024 for exports.
The company’s website reveals a specialized focus on low-bandwidth video streaming solutions for mission-critical applications. Targeting industries like aviation, drones, energy, government, maritime, military, IoT, and local authorities, Videosoft Global Ltd offers products and services designed to deliver realtime video surveillance and monitoring in challenging network conditions. The site showcases solutions for remote vessels, industrial operations, mining operations, UAV operations, and even aviation applications, emphasizing adaptive video compression and transmission technology. They work with partners to integrate their technology and even offer solutions for disaster recovery.
Financially, Videosoft Global Ltd presents a mixed picture. While cash reserves have increased dramatically—jumping 340% to £280,000—creditors have surged by 350%, reaching £980,000. Trade debtors have also risen significantly, increasing 240% to £1.1 million. Equity, however, has decreased, dropping 57% to -£190,000. The number of employees has increased by 50% to nine. The company’s small size—meeting two of three conditions for being classified as small—helps it remain agile, but the increase in debt and decrease in equity suggest potential financial pressures. The accounts are unaudited, and CLA Evelyn Partners Limited serves as the auditor. It's likely that the company is burning through cash to grow its business, but the increase in debt could be a cause for concern.
Registered in England/Wales under the registration number 12929217, with a registered address at HP9 1NB, England, Beaconsfield, 22 Wycombe End.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 2 years
- 75%+
-
Resident of Taiwan
Managers
-
Individual
- 3 years
- 3
-
Resident of United Kingdom
-
Corporate
- 3 years
-
Resident of Taiwan
-
Individual
- 3 years
-
Resident of Portugal
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Accounts for a small company made up to 2023-12-31Download 8 pages pdf report
-
Previous accounting period shortened from 2023-12-28 to 2023-12-27Download 1 page pdf report
-
Confirmation statement made on 2024-08-11 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Videosoft Global Ltd
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