Aber Electronics Limited

Aber Electronics Ltd, based in Colchester, UK, is a small, holding company with an active status. Founded fourteen years ago in 2010, it employs fifteen people and holds £457,070 in assets. With a real address and a single director and two owners, the company regularly imports and exports electrical machinery and equipment – nineteen months of imports and thirteen months of exports recorded.

The company's website highlights its expertise in transmission critical communications, offering bespoke solutions for various industries, including broadcasting, medical, motorsports, and security. It designs and manufactures microwave amplifiers and antennas, offering both standard products and custom-built solutions. The site also features a "Greenwaves" product line, focusing on sustainable, renewable energy-powered audio amplification. It's clear they're aiming for a high-tech, specialist market, rather than mass-market retail.

Financially, Aber Electronics Ltd presents a mixed picture. While current assets increased by 13% to £460,000, net assets have plummeted a staggering 98% to just £6,400—a concerning trend. Cash bank on hand has also dropped significantly, down 67% to £56,000. Trade debtors have decreased by 31%, which could be a positive sign of improved collections, but creditors have increased dramatically, up 610% to £380,000 after one year. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned is typical for a small company, meaning the figures are unaudited.

The sharp decline in equity, despite increased assets, suggests the company may be burning through cash to fuel growth or facing unexpected expenses. The increase in creditors also warrants closer scrutiny. While the company’s technical expertise and diverse market applications are promising, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 07400511, with a registered address at CO3 0AB, United Kingdom, Colchester, Essex, 17 Angora Business Park, Peartree Road, Stanway.

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