Wireless Measurement Limited

Wireless Measurement Ltd, based in Hampshire, UK, is a small, family-run business with an active status, celebrating 20 years since its founding. Employing just five people, the company holds £578,331 in assets and operates from a real address. Managed by two directors and owned by three individuals, it’s a close-knit operation. The firm regularly imports and exports optical and medical tools and devices—19 months of imports and 51 months of exports recorded—a testament to its international reach.

The company’s website reveals a focus on wireless monitoring and control solutions for the oil and gas industry, specifically the “Digital Oilfield.” Wireless Measurement offers real-time pressure and temperature monitoring, alarm data, and even an emergency shut-in system ("Simply Safer ESD") that can be operated from up to a kilometer away. It caters to clients seeking improved production, cost savings, and enhanced safety. The website also mentions a subsidiary, Blubug Ltd., suggesting a broader business portfolio.

Financially, Wireless Measurement Ltd presents a mixed picture. While current assets increased by 4.9% to £580,000, net assets declined by 1.8% to -£250,000, indicating ongoing losses. Bank borrowings decreased by 33.0% to £20,000, which is good news, but cash reserves fell by a significant 59.0% to £6,600. Trade debtors increased substantially by 15.0%, which could be a sign of difficulties collecting payments. As a small company (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from simplified reporting requirements, and the financial statements are unaudited.

In conclusion, Wireless Measurement Ltd appears to be navigating a challenging financial landscape. While its technology and market focus are promising, the company needs to address its losses and manage its cash flow effectively to ensure its long-term sustainability.

Registered in England/Wales under the registration number 05301369, with a registered address at PO10 8JS, Hampshire, 27 The Crescent, Emsworth.

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