Camgo Electrical Ltd

Camgo Electrical Ltd, based in Ashford, UK, is a small, active company founded four years ago. With 43 employees and £3,574,916 in assets, it’s a growing enterprise. The company, boasting a perfect 5.0 Google rating from a single review, regularly imports electrical machinery and equipment – five months of imports were recorded as of October 2024. Two directors and one owner manage the business, and the director list was recently updated, a good sign.

Camgo Electrical specializes in electrical installations, serving industries like airfield, rail, and site work. Their website highlights expertise in aeronautical ground lighting, fixed electrical ground power, docking guidance systems, and EV charging solutions. They also provide electrical testing and condition reports, emphasizing quality and compliance – a NICEIC approved contractor. The company's team, led by Managing Director Martin Densley and Electrical Compliance Director James Hallam, prioritizes safety and professionalism, even when working in sensitive areas like airports.

Financially, Camgo Electrical shows a mixed picture. While cash reserves increased by a significant 210% to £2,800,000, net assets also jumped 100% to £2,400,000. However, bank borrowings increased substantially by 2,400%, reaching £68,000, and trade debtors fell by 34% to £650,000. Creditors also increased by 55% to £720,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in bank borrowings suggests it may be investing in growth or facing short-term cash flow challenges. With no auditor mentioned (likely exempt as a small company), the financial statements rely on unaudited data. Overall, Camgo Electrical seems to be a growing business, but it’s important to monitor its debt levels and cash flow management.

Registered in England/Wales under the registration number 12929222, with a registered address at TW15 1AU, England, Ashford, Unit 6 Ashford Industrial Estate, Shield Road.

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