Wyld Networks Limited

Wyld Networks Ltd, based in Cambridge, UK, is a small, active company founded eight years ago in 2016. With 24 employees and £619,648 in assets, it operates from a virtual address – a detail flagged by the presence of 38 other companies registered at the same location. The company has three directors but no owners reported, which is a bit unusual. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with recent activity recorded just two months ago.

The company’s website, Wyld Networks, suggests a focus on information technology services. It’s unclear if they operate an e-commerce site, but the site’s content points to a B2B model, likely offering IT solutions and services to businesses. There's no obvious indication of a retail component.

Financially, Wyld Networks Ltd presents a mixed picture. While its assets remain relatively stable, there’s been a noticeable decline in several key areas. Cash reserves have fallen by 12% to £35,000, and net current assets have dropped by 9.1% to £340,000. Trade debtors have also decreased significantly, falling by 5.2% to £580,000. However, bank borrowings have increased substantially, rising by 2,400% to £25,000, and creditors have also risen by 23% to £160,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in debt and decrease in cash flow are concerning. There’s no mention of an auditor, likely due to the company’s small size and exemption from an audit. The company's retained earnings have decreased by 31%, which is a significant change.

Registered in England/Wales under the registration number 10252557, with a registered address at CB4 2HY, England, Cambridge, Future Business Centre, Kings Hedges Road.

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