Component-shop.co.uk Ltd

Component-shop.co.uk Ltd is a small, active company based in Bangor, UK, established nineteen years ago in 2005. With seven employees and £303,651 in assets, it operates from a real address and is overseen by three directors and one owner. The company regularly imports and exports electrical machinery and equipment, with a substantial history of 229 months of import activity and nine months of export activity.

The company's website showcases a vast selection of electronic components and accessories, catering to radio control, airsoft, and general electronics enthusiasts. It’s primarily an e-commerce platform, allowing customers to browse and purchase items online. The site is well-organized, with detailed product listings and categories, and offers a range of payment options. It’s clear that the company focuses on providing a wide variety of components and supplies for hobbyists and professionals alike.

Financially, Component-shop.co.uk Ltd presents a mixed picture. Current assets have decreased by 6.6% to £300,000, while net assets have fallen significantly by 42% to £86,000. Bank borrowings have increased by a substantial 160% to £910, and cash reserves have dropped 34% to £38,000. However, creditors have remained relatively stable, suggesting that the company is managing its short-term liabilities. 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 flexibility, but the decline in equity warrants further attention. No auditor is mentioned, which is typical for small, exempt companies.

It seems Component-shop.co.uk Ltd is navigating a period of financial pressure, despite its ongoing import and export activity. The company’s reliance on online sales and its specialized product range may be key to its future success, but it will need to address the declining equity to ensure long-term stability.

Registered in England/Wales under the registration number 05614975, with a registered address at LL57 3EF, Bangor, Gwynedd, Bron Llan, Llwyn Bleddyn, Llanllechid.

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