Charcroft Electronics Limited

Charcroft Electronics Ltd from Powys, UK, is a well-established, active company celebrating its 50th anniversary. With 79 employees and £8,497,264 in assets, it’s considered a large company, meeting two of three criteria for size: turnover exceeding £36 million and a balance sheet total over £18 million. The company’s yearly revenue is a substantial £15,325,446, and it operates from a real address in Llanwrtyd Wells. Five directors and one owner guide the business, which holds a respectable Google rating of 4.0 based on nine reviews.

Charcroft Electronics specializes in the wholesale of electronic and telecommunications equipment and parts, operating as both a regular importer and exporter. It has imported electrical machinery and equipment for an impressive 1236 months (the latest in January 2025) and exported for 871 months (also the latest in January 2025). The company’s website, charcroft.co.uk, showcases a wide range of electronic components, connectors, and cable accessories, catering to industries like aerospace, military, and instrumentation. While not explicitly an e-commerce site, the website provides detailed product information and contact details for inquiries.

Looking at the financial data, Charcroft Electronics shows some concerning trends. While turnover remained steady, net assets decreased by 10%, settling at £6,500,000. Bank borrowings increased by 16%, reaching £200,000, and cash reserves dipped 19% to £410,000. Creditors, however, decreased by 13%, suggesting improved management of short-term liabilities. The company's amortisation of intangible assets decreased by 10%, while depreciation of tangible fixed assets increased by 14%. It's worth noting that the company's operating profit decreased by 16%. The company is audited by Hackett Griffey LLP.

Overall, Charcroft Electronics appears to be a resilient, long-standing business navigating some financial headwinds. The decrease in cash reserves and increase in bank borrowings could be attributed to investments in inventory or expansion efforts—but it’s something to keep an eye on. The company’s established presence and diversified customer base suggest it’s well-positioned to weather these challenges, but careful financial management will be crucial for sustained growth.

Registered in England/Wales under the registration number 01181853, with a registered address at LD5 4TH, Powys, Dol-Y-Coed, Llanwrtyd Wells.

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