Wireless Madness Limited
- Small
- Active
- 14 years
- 2 employees
- £428,372 (assets)
- Real address
- 1 director
- 2 owners
- Family business
- E-commerce
- Rating 5.0 (164)
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
Social media
Phones
Summary
Wireless Madness Ltd, based in Preston, UK, is a small, family business with an active status, established fourteen years ago. The company employs just two people and holds £428,372 in assets, operating from a real address. With one director and two owners, it’s a tight-knit operation, running an e-commerce site and enjoying a stellar 5.0 Google rating based on 164 reviews.
The website showcases a vast selection of radio-controlled (RC) products – cars, trucks, drones, planes, boats, and more – catering to hobbyists of all levels. It's a one-stop shop for RC enthusiasts, offering brands like Traxxas, ARRMA, and DJI, alongside kits, spare parts, and accessories. The site also features a blog and detailed product descriptions, reinforcing its position as an expert in the RC world. It offers fast, free delivery on orders over £99.
Financially, Wireless Madness Ltd presents a mixed picture. While cash bank on hand increased by a significant 97% to £39,000, trade debtors decreased by 27% to £26,000, suggesting potential issues with customer payments. Creditors, however, increased by 25% to £49,000, and net assets liabilities increased by 3.1% to £180,000. The company's small size – meeting two of three conditions for being classified as small – allows for agility, but the rise in creditors could indicate increased financial pressure. As a small company, it’s exempt from an audit, so the figures are unaudited. The company’s focus on a niche market and strong online presence suggest a resilient business, although careful financial management will be key to its continued success.
Registered in England/Wales under the registration number 07479101, with a registered address at PR1 7JD, England, Preston, Lancashire, Unit 3 Eastham Street, Springfield Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Patel Noorjahan
- 7 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Patel Shaukat
- 9 years
- 4
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Patel Shaukat
- 14 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-01-01 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
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Confirmation statement made on 2024-01-01 with no updatesDownload 3 pages pdf report
FAQ about Wireless Madness Limited
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