Adey Electronics Limited

Adey Electronics Ltd, based in Nottingham Business Park, UK, is a small, active company founded thirteen years ago. Employing just three people, the company holds £494,147 in assets and operates from a virtual address – a detail highlighted by the fact that 116 companies are registered at the same location. With one director and two owners, Adey Electronics is a regular importer and exporter of electrical machinery and equipment, having imported for 84 months and exported for 5 months.

The company's website showcases a focus on connectivity solutions, particularly for industrial and transport applications. They operate as a value-added distributor, offering services like cellular router VPN connectivity packages, remote router device management software, cellular site survey services, and bundled internet data packages. A significant portion of their offerings revolves around cellular routers and antennas, partnering with manufacturers like Advantech, Teltonika, and Poynting. They even provide services like remote monitoring and data packages, catering to industries like retail, security, energy, and transportation. Testimonials from satisfied customers – including Dunelm, Nightingale Hospital, and 3DXRAY – underscore their expertise and reliability.

Financially, Adey Electronics Ltd presents a mixed picture. While cash reserves increased by a healthy 29% to £340,000, current assets decreased by 10% to £490,000. Debtor levels dropped significantly, by 50%, to £120,000, which could indicate improved collection practices. However, bank borrowings increased by 15%, reaching £29,000, and net losses deepened to -£23,000. The company’s small size – meeting two of three criteria for a small business – allows for agility, but the increased borrowing and deeper losses suggest potential financial pressures. The lack of an auditor mentioned is not unusual for a company of this size. It’s likely that the company is navigating a period of growth, balancing increased activity with managing its financial resources.

Registered in England/Wales under the registration number 07627612, with a registered address at NG8 6PY, United Kingdom, Nottingham Business Park, Nottingham, H1 Ash Tree Court, Mellors Way.

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