Apollo Electronics Corporation Limited

Apollo Electronics Corporation Limited, based in Huddersfield, UK, is a small, active company established 21 years ago. Employing five people, it holds £495,810 in assets and operates from a real address. Two directors and one owner manage the business, which has a Google rating of just 1.0 based on a single review. The company regularly imports electrical machinery and equipment, with its last import operation occurring in January 2023.

Apollo Electronics specializes in contract electronic manufacturing services (CEM), offering services like surface mount technology (SMT) assembly and through-hole assembly. Its website showcases capabilities in PCB prototyping, box build assembly, and LED lighting placement. They cater to industries like RF, automotive, and LED lighting, and even offer services like PCB assembly and full turnkey manufacture. Contact information is readily available, including a phone number and email address.

Financially, Apollo Electronics shows a mixed picture. Current assets have decreased by 15%, dropping to £500,000, while net assets have fallen by 10%, settling at £460,000. Bank borrowings have decreased by 37%, reaching £16,000, and cash reserves have declined by 9%, sitting at £340,000. Trade debtors have also decreased slightly, by 8.3%, to £99,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity and cash reserves warrants attention. As a small company, it's likely exempt from an audit, so the figures are unaudited.

It seems Apollo Electronics is navigating a period of adjustment, potentially reflecting broader economic pressures. While its manufacturing services appear to be in demand, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 04802777, with a registered address at HD8 9HR, Huddersfield, Unit 1 Riverside Business Park, Wakefield Road, Scissett.

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