Colmworth Electronics Limited

Colmworth Electronics Ltd, based in York, UK, is a small holding company with an active status, established 33 years ago. Employing nine people and holding £2,268,567 in assets, the company operates from a real address and is overseen by three directors and one owner. It’s a regular importer and exporter of electrical machinery and equipment, with 118 months of import activity and 93 months of export activity.

The company’s website reveals its core business: providing electronic component kitting and assembly services. Targeting businesses tired of sourcing component hassles, Colmworth Electronics offers outsourcing solutions, saving clients time, money, and resources. Established in 30 years ago, the company has built a reputation for on-time delivery, competitive pricing, and even offers full manufacturing services, including testing and packaging. The website highlights benefits like pay-as-you-go flexibility, reduced inventory costs, and streamlined supply chains.

Financially, Colmworth Electronics Ltd exhibits a mixed picture. While current assets remained relatively stable at £2,300,000, net assets increased significantly by 100% to £490,000. Bank borrowings surged by 58%, reaching £76,000, while cash reserves increased by 130% to £11,000. Creditors decreased by 47%, suggesting improved debt management. 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 increased bank borrowings could indicate investment in growth or increased operational expenses. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The company’s increased equity could be a sign of a successful year, or a one-off event.

Registered in England/Wales under the registration number 02645095, with a registered address at YO10 3JB, England, York, North Yorkshire, Cyclops House Link Business Park, Osbaldwick Link Road.

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