Applied Relay Testing Ltd.

Applied Relay Testing Ltd, based in Poole, UK, is a small, active company founded 32 years ago. With three employees and £1,030,620 in assets, it’s a well-established, solo-founded operation led by a single director and owner. The company regularly imports and exports optical and medical tools and devices, with 8 months of import activity and 25 months of export activity recorded. It operates from a real address and is registered with only one other company at the same location.

Applied Relay Testing specializes in the design and supply of test equipment for electromechanical relays, reed relays, and connectors. Its website highlights a range of advanced products, including various Reflex models, fixtures, and software. The company also offers support through application notes, video tutorials, and technical papers, and showcases customer case studies. A recent move to larger premises on the Fulcrum Business Park in Poole, alongside celebrating 30 years in business, suggests a period of growth. They even have a Chinese website for partners.

Financially, Applied Relay Testing shows a mixed picture. Current assets have decreased by a significant 32%, dropping to £1,000,000, while net assets have fallen by 33%, landing at £840,000. Bank borrowings have also decreased, and cash reserves have fallen by 20%. Trade debtors have seen a massive drop, suggesting better payment collection, but creditors have also decreased. The company’s small size—meeting two of three conditions for being classified as small—helps with agility, but the decline in equity is a concern. No auditor is mentioned, which is typical for companies of this size.

The company’s focus on specialized test equipment and its recent expansion suggest it’s a resilient business, but the financial data indicates it's facing some challenges. It’s likely that the company is working to manage its costs and improve its cash flow, but it’s too early to say whether these efforts will be successful.

Registered in England/Wales under the registration number 02715226, with a registered address at BH12 4NU, United Kingdom, Poole, Dorset, Unit J7, 6 Vantage Way.

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