Colomor (electronics) Limited

Colomor Electronics Ltd from Billingshurst UK is a small company with an active status, founded 57 years ago. It employs just two people and holds £207,507 in assets, operating from a real address with three directors and one owner. The company operates in the retail sale via mail order houses or via internet industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company’s website, ordersvintageelectronics.co.uk, showcases a fascinating business model. It’s essentially a specialist in vintage electronics, previously trading as Sussex Surplus for over 30 years. The focus is on sourcing and selling valves, transformers, and capacitors, catering to the audio market and even the ham radio community. The site also offers a range of telescopic masts, bird equipment, and even vintage aircraft parts. It’s a clear indication of a niche retailer with a passion for older technology, with a surprising level of detail and a focus on customer service—even offering to source items not listed.

Financially, Colomor Electronics Ltd presents a mixed picture. While cash reserves decreased by 11% to £190,000, current assets also fell by 11% to £210,000. Bank borrowings remain steady, but trade debtors have plummeted by 57%, suggesting a possible slowdown in customer payments. On the positive side, creditors decreased by 26%, indicating improved debt management. Equity has also decreased by 10%, which could be a cause for concern. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Colomor Electronics Ltd seems to be navigating a challenging environment. While it maintains a loyal customer base and a unique product offering, the declining assets and equity suggest it’s facing financial pressures. The long-standing history and specialist knowledge, however, provide a solid foundation for future success.

Registered in England/Wales under the registration number 00907353, with a registered address at RH14 9UR, Billingshurst, West Sussex, Unit 5 Huffwood Trading Estate, Brookers Road.

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