Micro Precision (north West) Ltd

Alpha Electronics Northern Ltd, based in Maidstone, UK, is a small, active company established 29 years ago. With eight employees and £370,118 in assets, it operates from a real address and is managed by two directors and two owners. It has a Google rating of 3.0 based on just three reviews. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with the last import recorded one month ago.

The company's website showcases a nationwide provider of test equipment, calibration, repair, and hire services. Alpha Electronics Southern, Northern, and Wales West locations cater to a range of industries, including electrical, power utilities, rail, manufacturing, and defense. They offer services from sales and calibration to training and product demonstrations, positioning themselves as a “strategic partner” for testing professionals. The website highlights a strong presence in high-voltage applications and boasts a network of UK technical sales engineers.

Financially, Alpha Electronics Northern Ltd’s report reveals a mixed picture. Current assets have decreased by 23%, falling to £370,000, while net assets have also declined, dropping 15% to £160,000. Bank borrowings have significantly increased by 150%, reaching £15,000, and cash reserves have disappeared completely. Creditors, however, have decreased by a substantial 72%, suggesting improved debt management. The company meets the criteria for a small company, with turnover below £10.2 million, assets below £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

While the company’s website projects a strong national presence and range of services, the financial data indicates some pressures. The sharp decline in cash reserves is concerning, and the increase in bank borrowings suggests a need for additional funding. Whether the company can maintain its national reach and diverse service offerings while navigating these financial challenges remains to be seen.

Registered in England/Wales under the registration number 03139920, with a registered address at ME15 9YP, Maidstone, Kent, Unit 6 Spectrum Business Estat, Bircholt Road.

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.