Central Electrical & Lighting Limited

Central Electrical & Lighting Ltd, based in Birmingham, UK, is a sizable player in the electrical wholesale sector. Established 21 years ago, the company boasts a real address and employs 19 people, managing assets of £7,759,667 and generating a yearly revenue of £12,441,581. It’s a holding company with a single director and owner, actively trading and operating an e-commerce site. Google reviews are stellar, with a 5.0 rating based on nine reviews. The company regularly imports iron or steel products (3 months) and occasionally exports them (1 month).

The company's core business revolves around supplying electrical goods to trade customers, with a particular focus on hardware, plumbing, and heating equipment. It also offers lighting design and fire alarm design services, catering to commercial and industrial clients. The company’s website highlights a wide range of products, including lighting, cable management, and safety equipment, and even boasts a partnership with Baxi for boiler offers. A recent event, the CEL Open Day, showcased darts stars and new products, further demonstrating its commitment to customer engagement.

Financially, Central Electrical & Lighting Ltd presents a mixed picture. While turnover increased by 16%, to £12,441,581, net assets decreased by 23%, to £3,600,000. Bank borrowings have increased significantly, up 35%, reaching £1,700,000, while cash reserves have fallen by 7.2%, to £1,800,000. Creditors have also decreased by 11%, suggesting better debt management. The company meets the criteria to be considered a large company, having turnover above £36 million, balance sheet total above £18 million, and average employees above 250. The accounts are audited by Cooper Parry Group Limited. The decrease in equity, however, could indicate reinvestment in the business or potential financial pressures. The company’s reliance on imports of iron and steel products, while consistent, could expose it to supply chain disruptions.

Registered in England/Wales under the registration number 05100611, with a registered address at B24 8TL, England, Birmingham, West Midlands, Unit 73 - 76 Standard Way Gravelly Industrial Park.

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