Arena Electrical Services Limited

Arena Electrical Services Limited, based in London, UK, is a small, active company established 20 years ago. Employing 26 people and holding assets of £5,137,897, it operates from a virtual address – a detail highlighted by the fact that 54 companies are registered at the same location. The company, founded by a solo entrepreneur, Leonard Steven Anthony, has two directors, Norfolk Ryan James and Leonard Steven Anthony. It boasts a stellar 5.0 Google rating based on one review. Arena Electrical Services is an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings, with the most recent import occurring in August 2024.

The company’s website showcases its expertise as a leading electrical subcontractor in the construction industry, specializing in Cat A and Cat B commercial fitouts, alongside industrial, residential, educational, and laboratory projects across London and the southeast. They emphasize fostering homegrown talent, with 75% of their workforce being onsite electricians. The website details their services, including fire and security installations, and highlights completed projects like 8 Bishopsgate and Broadgate. They also run an apprenticeship program, investing in future talent.

Financially, Arena Electrical Services Limited presents a mixed picture. While cash reserves decreased by 26% to £2.7 million, net assets increased by 9.8% to £2.1 million. Bank borrowings saw a slight decrease, but trade debtors surged by 110% to £600,000, which could indicate delayed payments from clients. Creditors also decreased by 38%, suggesting improved debt management. Depreciation charges for plant machinery increased, but the company’s small size (meeting two of three criteria for a small company) allows for agility. The accounts are unaudited, likely due to the company’s status as a small entity.

Overall, Arena Electrical Services Limited appears to be navigating a period of change. While asset growth and improved debt management are positive signs, the increase in outstanding debts warrants attention. The company’s focus on high-profile projects and investment in apprenticeships suggests a commitment to long-term success, but its financial health will depend on maintaining strong client relationships and managing cash flow effectively.

Registered in England/Wales under the registration number 05330674, with a registered address at N21 2AD, England, London, 940 Green Lanes.

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