Voicepower Limited

Voicepower Limited, based in Bishop Auckland, UK, is a small, holding company with an active status. Founded 32 years ago in 1993, it employs seven people and holds £424,806 in assets. The company has a real registered address and is overseen by one director and two owners. It boasts a stellar 5.0 Google rating based on 57 reviews. Voicepower Limited is an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of import activity recorded as of November 2022.

The company operates in several areas: wholesale of computers and software, IT consultancy, and providing business support services. Its website, while not providing detailed e-commerce functionality, does highlight its expertise in these fields. It’s a fairly standard business model, serving a range of clients.

Financially, Voicepower Limited presents a mixed picture. Current assets have decreased by 23%, falling to £420,000. Net assets have also seen a decline, dropping 26% to £140,000. Cash bank on hand has fallen significantly, down 46% to £190,000. Trade debtors, however, have increased by 18%, reaching £230,000, which could indicate improved sales or extended credit terms. The company’s small size (meeting two of three conditions for being small) allows for flexibility, but the drop in equity raises questions about its long-term financial stability. The accounts are unaudited, likely due to its small size.

The company’s irregular import activity suggests a focused, rather than constant, engagement with international suppliers. The decrease in property, plant, and equipment, particularly the significant drop in gross cost, could be due to disposals or depreciation. Overall, Voicepower Limited seems to be navigating a period of adjustment, with both challenges and opportunities ahead.

Registered in England/Wales under the registration number 02821016, with a registered address at DL14 0DH, England, Bishop Auckland, 31 Castle View, Witton Le Wear.

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