Aylesford Electrical Contractors Limited

Aylesford Electrical Contractors Ltd from Gravesend UK: a large company, holding company, active status, founded 35 years ago, employing 43 people, holding £1,432,228 in assets, and generating £4,835,265 in yearly revenue, operates from a real address and is managed by six directors and one owner. It boasts a Google rating of 4.0 based on four reviews and irregularly imports furniture, lighting, and prefabricated buildings, with the last import operation occurring two months ago.

The company specializes in safeguarding electrical systems, offering maintenance, testing, and a range of services including emergency lighting, lightning protection, and EV charging solutions. Its website highlights a commitment to carbon efficiency, offering LED upgrades, solar PV installations, and smart lighting options. Aylesford Electrical Contractors works with managing agents on commercial, retail, and industrial properties across England, delivering electrical services from design and installation to maintenance and testing. They even won an Electrical Industry Award in 024 for EV charging installation.

Financially, Aylesford Electrical Contractors Ltd shows some concerning trends. Current assets have plummeted by 60% to £1,400,000, while net assets have also taken a hit, decreasing by 76% to £580,000. Bank borrowings have increased significantly, and cash reserves have fallen by a substantial 76% to £270,000. Trade debtors have also decreased, suggesting a possible issue with customer payments. Despite these challenges, the company’s turnover remains strong at £4,800,000, indicating continued demand for its services. The lack of an auditor mentioned suggests the company is exempt, relying on unaudited financial statements.

The company’s large size (meeting two of three criteria for being large) and the fact that its director list was changed four months ago, suggests a company that is growing and adapting. However, the declining assets and cash reserves raise questions about its long-term financial health.

Registered in England/Wales under the registration number 02464710, with a registered address at DA12 2DN, England, Gravesend, Unit A3 Lion Business Park, Dering Way.

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