24/7 Supply Limited

24/7 Supply Limited, based in Washington, UK, is a small, active company founded twelve years ago in 2012. Employing just three people, it holds £7,898 in assets and operates from a real address. With two directors and one owner, the company regularly imports electrical machinery and equipment – five months of import activity were recorded, the last in November 2023.

The company's website reveals a multifaceted operation. While officially described as operating in the retail sale via mail order houses or via internet, 24/7 Supply is primarily a contract manufacturer specializing in complex electromechanical products. They offer integrated manufacturing services, often handling products previously considered too complex to outsource. The business also supplies a wide range of electrical components, offering trade prices and discounts for volume users. They even provide flexible supply options, including order scheduling and pull-style kanban replenishment systems.

Financially, 24/7 Supply Limited presents a mixed picture. Cash bank on hand surged a whopping 450%, reaching £7,000, a positive sign. However, debtors plummeted 70%, falling to just £940, which could indicate payment issues. Creditors rose slightly to £26,000, and net assets increased significantly by 400% to £34,000. Bank borrowings decreased by 11% to £23,000, and the overdraft was reduced by 33% to £5,300. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), the fluctuating debtor figures warrant attention. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, 24/7 Supply Limited appears to be navigating a period of change, with strong cash reserves offset by some debtor challenges. The company’s diverse offerings – from contract manufacturing to component supply – suggest a resilient business model, but close monitoring of financial trends will be important going forward.

Registered in England/Wales under the registration number 08137095, with a registered address at NE38 0AB, England, Washington, 28 Harvey Close, Crowther.

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