Anglia Electrical Wholesale Ltd

Anglia Electrical Wholesale Ltd from King's Lynn UK is a small, active company founded fifteen years ago. With four employees and £96,439 in assets, it’s a family business run by three directors and two owners. The company regularly imports electrical machinery and equipment, with the last operation recorded in September 2024. It operates from a real address in North Wootton and has a trade counter open Monday to Friday.

The company's website highlights its role as an independent electrical distributor, offering a wide range of products from motor control equipment to wind generators. They provide free delivery within a 60-mile radius and even offer a 24/7 emergency call-out service. They also operate a trade counter and provide fast, friendly advice from their knowledgeable team. It's clear they're aiming to be a one-stop shop for electrical needs, catering to both trade and retail customers.

Financially, Anglia Electrical Wholesale Ltd has seen some concerning trends. Current assets have fallen by a significant 39% to £96,000, and net assets have plummeted 91% to just £470. Bank borrowings have also decreased, but cash reserves have dropped dramatically by 76%, leaving only £6,400. Trade debtors have seen a large decrease, which is positive, but creditors have increased, suggesting a potential need to manage short-term liabilities. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity is a worry. No auditor is mentioned, which is common for small companies.

Overall, Anglia Electrical Wholesale Ltd appears to be facing financial headwinds. While its product range and customer service are strengths, the declining assets and cash reserves suggest it's burning through money. Whether the company can weather these pressures and continue to serve its customers remains to be seen.

Registered in England/Wales under the registration number 07155103, with a registered address at PE30 3RS, England, King's Lynn, 33a The Howards, North Wootton.

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