Bitbox Ltd

Bitbox Ltd, based in Basingstoke, UK, is a small, active company founded 30 years ago. With 45 employees and £4,073,844 in assets, it’s a well-established player in the electronics sector. The company, run by three directors and a solo founder, regularly imports and exports electrical machinery and equipment – 5 months of imports and 47 months of exports recorded. It’s a real address, which is good.

The company’s website reveals a broader scope than initially apparent. While the core business involves electronics design and manufacturing, Bitbox Ltd offers contract electronics design, PCB assembly, product design, and lifecycle management services. They even provide insights and book consultations. The site highlights a commitment to "expertly engineered" solutions, powering possibilities for businesses. They’re clearly targeting a B2B market, emphasizing expertise and a full-service approach. The website’s design is clean and professional, showcasing case studies demonstrating success in areas like system integration, supply chain control, and product longevity.

Financially, Bitbox Ltd presents a mixed picture. Current assets have decreased by 35% to £4,100,000, while net assets have increased by 6.1% to £3,700,000. Bank borrowings have decreased by 44%, which is positive, and cash reserves have increased dramatically by 190% to £3,000,000. Creditors have fallen by a significant 81%, suggesting improved financial management. The company’s size—meeting two of three criteria for a small company—allows for agility, but the decrease in current assets is something to keep an eye on. It’s likely exempt from an audit, so the figures are unaudited.

Overall, Bitbox Ltd appears to be a financially stable, well-managed company with a clear focus on electronics design and manufacturing. The significant increase in cash reserves is a particularly encouraging sign. The company's long history and commitment to innovation suggest a bright future, though keeping an eye on the decrease in current assets would be prudent.

Registered in England/Wales under the registration number 03028638, with a registered address at RG24 8NS, England, Basingstoke, Bitbox Ltd, Whitney Road.

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