Beekay Electrical Limited

Beekay Electrical Ltd, based in West Yorkshire, UK, is a small, active company established 19 years ago. Employing 36 people and holding assets of £3,666,059, it operates from a real address and is overseen by three directors and two owners. The company boasts a 3.0 Google rating based on 12 reviews and regularly imports furniture, lighting, and prefabricated buildings—the latest shipment occurring in August 2024.

The company’s website highlights its focus on electrical installations and security systems, offering a range of services from design and installation to maintenance and testing. It's clear they are not an e-commerce business; instead, they present themselves as a trusted partner for commercial, residential, and industrial projects. They even have a showroom in Harrods, London.

Financially, Beekay Electrical Ltd shows some interesting trends. Cash reserves increased significantly, jumping 51% to £2,600,000, which is a positive sign. However, creditors have doubled to £1,500,000, suggesting increased borrowing or extended payment terms. Trade debtors also rose by 35% to £1,100,000, which could indicate slower customer payments. Depreciation increased by 33% to £210,000. The company’s size—meeting two of three criteria for a small business—allows for flexibility, but the increase in liabilities warrants attention. The accounts are unaudited, and no auditor is mentioned, which is common for companies of this size.

The decrease in the number of employees from 36 to 32 is also notable. It’s possible this is a temporary adjustment, or perhaps a reflection of operational efficiencies. Overall, Beekay Electrical Ltd appears to be a stable business, but the rising debt levels should be monitored closely.

Registered in England/Wales under the registration number 05636056, with a registered address at WF16 9JY, West Yorkhsire, 1 Trueman Avenue, Heckmondwike.

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