Azego Ts Limited

Azego Ts Ltd from Reading UK: a large company, holding company, active status, founded 28 years ago, with 37 employees and £10,449,790 in assets, reported yearly revenue of £27,535,887. It has a real address, three directors, and one owner. The company regularly imports and exports electrical machinery and equipment, with 1343 months of import activity and 992 months of export activity.

Azego Global Electronic Component Sourcing Supply Chain Solutions operates as a distributor of electronic components, offering global sourcing and strategic supply chain solutions. The website highlights services like excess management, component sourcing with peace of mind, and bespoke displays, catering to OEM and EMS companies. It emphasizes quality assurance, experienced account managers, and a network of trusted suppliers. The company also offers services like PPV cost analysis, shortage management, obsolescence management, and BOM management.

Financially, Azego Ts Ltd shows a mixed picture. Current assets have fallen significantly by 61% to £10 million, while net assets have plummeted 75% to £2.6 million. Bank borrowings have increased, and cash reserves have decreased. However, creditors have also decreased, suggesting improved debt management. The company meets the criteria to be considered a large company, having turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The lack of a mentioned auditor suggests the company is exempt from a full audit.

The sharp decline in equity could be attributed to various factors, such as increased operating expenses or investments in new technologies. The company's focus on global sourcing and supply chain solutions, however, positions it well to capitalize on the growing demand for electronic components.

Registered in England/Wales under the registration number 03220592, with a registered address at RG7 4BQ, England, Reading, 7 Ely Road, Theale.

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