Appliance Electronics (uk) Ltd

Appliance Electronics (UK) Ltd, based in Birmingham, is a small, active company founded eleven years ago. With eighteen employees and £889,736 in assets, it operates from a virtual address, managed by a single director and two owners. The company boasts a stellar 5.0 Google rating based on 992 reviews, but is an irregular importer of toys, games, and sports equipment, with just one month of imports recorded as of October 2021.

The company's website showcases a wide range of household appliances, from air treatment systems to refrigeration units, and even RC models. It operates an online store with a focus on competitive pricing and finance options, and a section dedicated to deals and promotions. The site also highlights partnerships with brands like Bosch, Samsung, and ASKO, and offers a range of services including price matching and nationwide delivery. A section titled "Recently Viewed" suggests a focus on customer engagement and personalized shopping experiences.

Financially, Appliance Electronics (UK) Ltd presents a mixed picture. Current assets decreased by 5.7% to £890,000, while net assets remained relatively stable at £1.1 million. However, bank borrowings increased by 5.6% to £30,000, and cash reserves dropped by 30% to £28,000. Trade debtors significantly decreased by 66%, suggesting improved collection efforts, while creditors also fell by 17%. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility. With no auditor mentioned, the figures are unaudited.

Overall, Appliance Electronics (UK) Ltd appears to be navigating a competitive market, maintaining a strong online presence and customer reputation. The decrease in cash reserves, however, warrants attention, and the company’s long-term financial health will depend on its ability to manage costs and maintain sales momentum.

Registered in England/Wales under the registration number 08647214, with a registered address at B16 8SP, England, Birmingham, 77 Francis Road, Edgbaston.

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