Coax Solutions Limited

Coax Solutions Ltd, based in Old Harlow, UK, is a small, active company established nineteen years ago. With fifteen employees and £885,435 in assets, it operates from a virtual address, a detail flagged by the registration of 132 companies at the same location. The business is managed by four directors, though no owners are officially listed, likely due to a shared ownership structure. The company regularly imports electrical machinery and equipment (for twelve months) and exports optical and medical tools and devices (for nine months). It’s also involved in the manufacture of other electronic and electric wires and cables.

The company’s website showcases a wide range of products, from cable assemblies and coaxial connectors to hybrid HDSDI cables and CCTV products. It appears to operate primarily as a B2B supplier, catering to industries like broadcasting, communications, and audio-visual. There’s no obvious e-commerce functionality, suggesting a sales model based on direct orders or custom quotes. The site also highlights a reseller partnership with Hirose and Shakespeare, indicating a distribution network. A blog section provides technical information on RFID cables, further reinforcing its expertise in specialized components.

Financially, Coax Solutions Ltd’s recent performance presents a mixed picture. While current assets have decreased by 21% to £890,000, net assets have fallen by a more substantial 7.8% to £710,000. Bank borrowings have increased by 100%, reaching £540,000, and cash reserves have dropped 11% to £610,000. Creditors have decreased by 45%, which could be a positive sign of improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants closer attention. The absence of an auditor, likely due to its small size, means the figures are unaudited.

Overall, Coax Solutions Ltd seems to be navigating a period of change. While its core business of supplying specialized electronic components appears stable, the financial data suggests some pressure on profitability and a need to manage cash flow effectively.

Registered in England/Wales under the registration number 05721770, with a registered address at CM17 0ET, United Kingdom, Old Harlow, Essex, 10-12 Mulberry Green.

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