Absolute Electrical Services Ltd

Absolute Electrical Services Ltd, based in Romsey, UK, is a small, active company founded 23 years ago. With seven employees and £214,427 in assets, it's a well-established local business. The company operates in the electrical installation industries and boasts a perfect 5.0 Google rating based on one review – a testament to its service. It has five directors, but no owners reported, which is fairly common for small companies. The registered address is a real one, with only one other company registered there.

The company’s website highlights its range of electrical services, catering to both domestic and commercial clients. From simple socket replacements to complex installations like EV charging points and burglar alarms, Absolute Electrical Services Ltd positions itself as a reliable, local electrician. It’s not a major importer, with just one month of imports recorded way back in 2018, and the top import category is listed as “None”. The website also features a network of local electricians, suggesting a broader reach beyond the company's direct operations.

Financially, Absolute Electrical Services Ltd shows some mixed signals. While cash reserves remained stable at £110,000, trade debtors increased by a significant 8.8% to £95,000 – possibly indicating a shift in payment terms or a build-up of outstanding invoices. Creditors also rose by 3.2% to £130,000. However, net assets grew by a healthy 22% to £160,000. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no mention of an auditor, which is typical for companies of this size. The accounts are unaudited.

Overall, Absolute Electrical Services Ltd appears to be a stable, well-regarded local business. While the increase in debtors warrants monitoring, the company's solid asset base and positive customer reviews suggest a healthy outlook.

Registered in England/Wales under the registration number 04431064, with a registered address at SO51 0NB, England, Romsey, Hampshire, Unit B2 Manor Nursery Stockbridge Road, Timsbury.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.