Circuit Planet Limited

Circuit Planet Limited is a small, active company based in Warrington, UK, founded sixteen years ago in 2008. With £255,390 in assets and a real registered address, it employs five people and is run by two directors and owners, Liu Kwok Wah and Liu Catherine Mary. The company operates in the wholesale of computers, computer peripheral equipment and software industries. It’s a family business, and the address is probably real as only four companies registered at the same address.

The company’s website, Circuit Planet, primarily focuses on wholesale mobile phone tempered glass. It boasts bulk discounts and next-day shipping, and features a section for iPhone and Samsung accessories. The site also highlights privacy glass cases and covers, and includes a blog and contact page. It’s a fairly standard e-commerce setup, suggesting a focus on online sales and distribution.

Financially, Circuit Planet Limited presents a mixed picture. Current assets have decreased by 32%, dropping to £260,000, while net assets have fallen 13%, reaching £220,000. Bank borrowings remain relatively stable at £210,000, but cash reserves have declined significantly by 39%, now at £110,000. Trade creditors have increased by 28%, reaching £66,000, and trade debtors have decreased by 25%, now at £14,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity and cash reserves warrants attention. No auditor is mentioned, which is likely due to the company’s exemption as a small business.

Overall, Circuit Planet Limited appears to be facing some financial headwinds. While its e-commerce operation seems active and well-positioned, the declining asset base and cash reserves suggest a need for careful management. The company’s family ownership and focus on wholesale distribution could be strengths, but the financial data indicates a need to monitor expenses and manage debt effectively.

Registered in England/Wales under the registration number 06610808, with a registered address at WA5 1TF, England, Warrington, Unit 6 Priestley Street.

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