Century Electrical Wholesale Ltd

Century Electrical Wholesale Ltd, based in Belfast, UK, is a large, active company established twenty years ago. It operates from a real address and is managed by four directors, with Collins Alan as the sole owner. The company is a regular importer of electrical machinery and equipment, having imported for twenty-nine months, with the most recent operation occurring in January 2025.

The company’s website showcases a comprehensive range of electrical products, from lighting and heating to CCTV and switchgear. It appears to be primarily a wholesale supplier, catering to trade customers and offering services like onsite energy audits. The website highlights a focus on Northern Ireland, emphasizing local expertise and competitive pricing. They also have a dedicated section for suppliers, indicating a well-established network. News posts detail opening hours and training days, suggesting a focus on customer service and industry updates.

Financially, Century Electrical Wholesale Ltd presents a mixed picture. While turnover remained stable at £15 million, net assets increased by 17% to £4.7 million. However, cash and cash equivalents decreased by 13% to £2.8 million, and bank borrowings increased by 10% to £29,000. The number of employees decreased by 15% to 57, which could reflect streamlining operations. Creditors decreased by 18%, suggesting improved debt management. The company meets two of three criteria to be considered large, with turnover exceeding £36 million, balance sheet total exceeding £18 million, and employees exceeding 250. The accounts were audited by Crowe Ireland.

Overall, Century Electrical Wholesale Ltd seems to be navigating a competitive market. While the company is financially stable, the decrease in cash reserves and employee numbers warrants attention. The focus on local expertise and a wide product range, however, positions it well within the Northern Ireland electrical wholesale sector.

Registered in Northern Ireland under the registration number NI053328, with a registered address at BT17 9HY, Belfast, 207 City Business Park, Dunmurry.

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