Cobalt Electrical South East Limited

Cobalt Electrical South East Ltd, based in East Grinstead, UK, is a small, active company founded two years ago. With two employees and £93,808 in assets, it’s a solo-founded operation managed by two directors and one owner. The company boasts a stellar 5.0 Google rating from 19 reviews, highlighting its commitment to customer satisfaction. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings, with its last import activity occurring two months ago.

The company’s website showcases a range of electrical services, including home automation, smart lighting, CCTV security, and networking solutions. It’s clearly focused on providing high-quality electrical work for homes and businesses, with a strong emphasis on smart home technology. The site’s design is clean and professional, and it includes detailed descriptions of its services, along with testimonials from satisfied customers. It’s a modern approach to electrical contracting.

Financially, Cobalt Electrical South East Ltd shows a mixed picture. Cash reserves increased significantly by 120%, reaching £76,000, which is a positive sign. However, net assets also increased by 19%, to £60,000, suggesting that the company is reinvesting in its business. Bank borrowings increased by 170%, reaching £1,700, and debtors decreased by 43%, to £18,000. Creditors increased by 170%, to £45,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. The significant increase in accrued liabilities deferred income by 25% could be a sign of increased operating expenses. There is no auditor mentioned, likely due to its status as a small company.

Overall, Cobalt Electrical South East Ltd appears to be a growing business with a strong reputation. The increase in bank borrowings and creditors suggests that the company is taking on more debt to fund its growth, but the increase in cash reserves and net assets indicates that it is managing its finances effectively.

Registered in England/Wales under the registration number 14228099, with a registered address at RH19 4NP, United Kingdom, East Grinstead, 4 Glendyne Close.

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