Complete Electronics Limited

Complete Electronics Ltd, based in Milton Keynes, UK, is a small, active company founded eighteen years ago. With fourteen employees and £1,529,055 in assets, it operates from a virtual address – a detail worth noting as thirty-nine companies share the same location. The business is family-owned and managed by three directors, with two individuals holding ownership stakes. Regular imports and exports of electrical machinery and equipment are key to its operations, with a history of 157 months of imports and 50 months of exports.

The company’s website highlights its role as a distributor of connectivity solutions and manufacturing services. It caters to a broad spectrum of industries, offering connectors, cables, automation control systems, and more. The site is clearly geared toward B2B sales, with detailed product listings, technical specifications, and a focus on industrial applications. It’s not an e-commerce site in the traditional sense, but rather a platform for showcasing its extensive product range and directing customers to contact them for inquiries and orders.

Financially, Complete Electronics Ltd presents a mixed picture. While net assets increased by a significant 77%, reaching £1.2 million, cash reserves also grew by 4.6% to £570,000. However, bank borrowings surged by 2.7% to £10,000, and trade debtors ballooned by 210% to £590,000 – a notable increase that could indicate challenges in collecting payments. Creditors decreased by 24% to £88,000, which is a positive sign. The company's small size (meeting two of three conditions for a small company) allows for agility, but the rise in debtors warrants attention. The unaudited figures, as is typical for a small company, rely on internal reporting.

The company’s focus on industrial connectivity and manufacturing services suggests a stable, albeit competitive, market. The increase in debtors could be a temporary blip or a sign of broader economic pressures, but it's something to keep an eye on.

Registered in England/Wales under the registration number 05899791, with a registered address at MK12 5NN, England, Milton Keynes, Buckinghamshire, 2 Manor Farm Court, Old Wolverton Road, Old Wolverton.

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