Atlantic Electronics Limited

Atlantic Electronics Ltd is a small, family-run business, active for 46 years, based in London. With 32 employees and £3,484,646 in assets, it operates a real address and boasts four directors and four owners. The company runs an e-commerce site and regularly imports and exports electrical machinery and equipment—126 months of export activity recorded as of January 2025.

The website showcases a wide range of home electronics and kitchen appliances, from televisions and washing machines to refrigerators and small appliances. It caters to both commercial and residential customers, offering brands like Yamaha, Dyson, and Miele. The site promotes flexible payment options, a wide selection, and a commitment to customer service. There’s even a section dedicated to utility room essentials and a sale promotion running.

Financially, Atlantic Electronics Ltd shows a mixed picture. Current assets increased by 9.1% to £3,500,000, while net assets rose by 5.4% to £3,800,000. Bank borrowings decreased by 19%, reaching £71,000, and cash reserves increased by 130% to £670,000. Creditors also increased by 4.2% to £1,300,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay competitive.

However, a notable trend is the decrease in average employees, dropping 16% to 27. Additionally, accumulated amortisation impairment intangible assets remained constant at £25,000, and accumulated depreciation impairment property plant equipment increased by 14% to £460,000. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Atlantic Electronics Ltd appears to be a stable, long-standing business, though the decline in staffing and increasing depreciation warrant further observation.

Registered in England/Wales under the registration number 01397862, with a registered address at NW2 7JR, 970 North Circular Road, London.

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