At Neul, we see the future being realized through a new, simple, end-to-end way to economically connect everything. Welcome to NeulNet™, the way the world will deliver the Internet of Everything. NeulNET™ is a cloud-based solution that truly offers an end-to-end pipe from sensor to analytics by stripping away layer upon layer of today’s complicated eco-system to simply and economically deliver the Internet of Everything. We connect devices using our innovative NeulNET™ cellular technology. We pioneered the Weightless™ open-standard and use license-exempt and licensed spectrum below 1 GHz, on both fixed and dynamic spectrum access (DSA). Weightless™ is so light that small batteries last for years, it is so well-designed it will operate non-line of sight in large cells, it is so penetrating that even devices deep indoors can communicate with the network and it’s so simple to use that terminals do not need a SIM card. Instead, they just need switching on and linking to a NeulNET™ network.
Type
Subsidiary
Parent Company
Huawei Technologies
HQ
Milton, GB
Founded
2010
Website
neul.com
Neul was founded in 2010 and is headquartered in Milton, GB

Key People/Management at Neul

Stan Boland

Stan Boland

CEO
James Collier

James Collier

Chief Executive

Neul Office Locations

Neul has an office in Milton
Milton, GB (HQ)
302 Science Park Milton Rd

Neul Financials and Metrics

Neul Summary

Neul is a subsidiary of Huawei Technologies

Neul Financials

Neul's revenue was reported to be £16.1 m in FY, 2016 which is a 33787% increase from the previous period.
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

76.2 k24.9 k159.3 k47.5 k16.1 m

Revenue growth, %

(70%)

Cost of goods sold

50.1 k21.3 k256.5 k72.7 k

Gross profit

26.1 k3.6 k(97.2 k)(25.1 k)
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

5.2 m3 m872.6 k624.2 k114.7 k347.7 k

Accounts Receivable

39.8 k10.3 k60.1 k

Inventories

253.8 k68.5 k

Current Assets

5.4 m3.5 m1.9 m943.1 k581.9 k6 m
    GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (3.1 m)(5.8 m)(4.4 m)(6.6 m)(5.3 m)6 m

    Income Taxes Paid

    (33.1 k)(33.2 k)(87.7 k)
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