Centurion Electronics Ltd

Centurion Electronics Ltd from Hertford UK is a small, active company established 31 years ago in 1993. With seven employees and £2,248,283 in assets, it operates from a real address and is managed by three directors, though no owners are officially listed. The company runs an e-commerce site and regularly imports and exports electrical machinery and equipment—10 months of importing and 25 months of exporting, with the latest activity occurring in September 2024.

The company’s website showcases a vast range of products, from cleaning and decorating supplies to plumbing and electrical components, catering to both trade and DIY customers. It’s clear that Centurion Europe, as it’s also known, aims to be a one-stop shop for essential supplies, offering brands alongside its own “Centurion” line. The site’s focus on merchandising solutions—offering bespoke displays and support for retailers—suggests a business model that extends beyond simple product sales.

Financially, Centurion Electronics Ltd presents a mixed picture. While cash reserves increased by a substantial 130%, reaching £1.1 million, net assets decreased by 17%, settling at £2.3 million. Creditors surged by 87%, hitting £920,000, and trade debtors increased by 22%, reaching £650,000. A significant increase in “other creditors” by 330,000 is also noted. Property, plant, and equipment also declined by 51%, down to £1 million. The company’s small size—meeting two of three criteria for being classified as small—allows for flexibility, but the rise in debt warrants attention. As a small company, it’s exempt from an audit, so the financial statements are unaudited.

The company’s focus on electrical machinery and equipment, combined with its e-commerce presence, positions it well in a competitive market. However, managing its rising debt and maintaining profitability will be key to its long-term success.

Registered in England/Wales under the registration number 02826917, with a registered address at SG13 7UB, England, Hertford, Unit 11 Fountain Drive.

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