Challenge Electronics Limited

Challenge Electronics Ltd from Stevenage UK: small company, active status, founded 30 years ago, 13 employees, £327,197 assets, real address, 3 directors, 1 owner. Regular importer of optical and medical tools and devices (9 months imported). It’s a small, established business with a solid foundation, having operated for three decades. The company, employing thirteen people, holds £327,197 in assets and maintains a real address, suggesting a stable, physical presence. With three directors and a single owner, the management structure seems well-defined. Its regular importing of optical and medical tools and devices—spanning nine months with the latest activity in March 2025—indicates a consistent supply chain.

The company’s website, Challenge Electronics, is a simple, modern site focused on empowering customers with their tech journey. It features a sign-up form for email updates and promotions, protected by reCAPTCHA, and prominently displays a copyright notice for 2025. The site uses cookies to analyze traffic and optimize the user experience, and the design is clean and uncluttered, suggesting a focus on usability. There’s no obvious e-commerce functionality—no shopping cart or product listings—implying that the company may be a distributor or supplier rather than a direct retailer. The website’s primary purpose seems to be brand awareness and customer engagement.

Financially, Challenge Electronics Ltd presents a mixed picture. Current assets have decreased by 14%, dropping to £330,000, while bank cash has fallen by a significant 48%, now standing at £99,000. Trade debtors have increased by 42%, reaching £150,000, which could be a sign of growth but also a potential risk if collections are delayed. Creditors have also increased, although at a smaller rate of 3.1%, reaching £200,000. Net assets have fallen by 28%, settling at £180,000. The company’s small size—meeting two of three conditions for classification—helps it remain nimble, but the decline in cash reserves warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity, meaning the financial statements are unaudited. Dividends paid on shares have also decreased by 25%, which may reflect a change in the company’s investment strategy. It seems like they are holding steady, but they need to watch their cashflow.

Registered in England/Wales under the registration number 03055556, with a registered address at SG1 2DL, Stevenage, Hertfordshire, Unit 9 Bowmans Trading Estate, Bessemer Drive.

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