Astech Electronics Limited

Astech Electronics Ltd from Binsted UK: a small, active company established 51 years ago, boasts a workforce of five employees and holds assets totaling £898,488. It's a family business with three directors and two owners, operating from a real address and demonstrating a consistent history of both importing and exporting optical and medical tools and devices – 11 months of imports and 60 months of exports respectively. The company’s activities are centred around the manufacture of electronic industrial process control equipment.

Astech Electronics’ website highlights its focus on electronic engineering services, showcasing a range of products and services. While the site doesn’s explicitly mention e-commerce, it serves as a digital storefront for the company’s offerings.

Looking at the financial data, Astech Electronics Ltd presents a mixed picture. While cash bank holdings increased by a healthy 4.2% to £750,000, current assets declined by 1.1% to £900,000. Trade debtors have seen a significant drop of 22%, which could indicate improved cash flow management or potentially a decrease in sales. However, creditors have risen by 6.8%, suggesting increased reliance on short-term financing. Equity has also decreased by 2.8%, which is a worrying trend. The company’s small size – meeting two of three criteria for a small company – allows for flexibility, but the decline in equity warrants further investigation. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Astech Electronics Ltd appears to be navigating a period of transition. While the company maintains a solid foundation with healthy cash reserves, the decline in equity and increase in creditors suggest potential financial pressures. The long history and family ownership provide stability, but careful management will be crucial to ensure continued success.

Registered in England/Wales under the registration number 01164924, with a registered address at GU34 4PF, Binsted, Hampshire, Astech House, Forge Industrial Estate.

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