Continent Electronics Ltd

Continent Electronics Ltd is a small, active company based in Dartford, UK, established fifteen years ago in 2010. It employs just two people and holds £168,126 in assets, operating from a real address with one director and one owner. The company regularly imports basic metal tools and utensils, with ten months of import activity recorded. It’s a wholesale business, operating in the household goods sector.

The company’s website is unavailable, so it's impossible to determine if it operates an e-commerce site. However, its business description suggests a focus on wholesale distribution rather than direct retail.

Financially, Continent Electronics Ltd shows some concerning trends. While its small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, its net assets have declined significantly, dropping by 29% to £110,000. Cash reserves have also fallen by 58%, leaving just £58,000 on hand. Bank borrowings have decreased by 48%, which is a positive sign, but trade debtors have increased by 49%, suggesting potential issues with customer payments. Equity has also decreased by 29%. The company’s unaudited accounts, prepared using Taxfiler software, show a decline in depreciation, but a significant increase in creditors.

Despite these challenges, the company’s consistent import activity and established presence in the wholesale sector suggest a degree of resilience. It's likely the company is navigating typical pressures for small businesses, but the decline in equity warrants closer monitoring.

Registered in England/Wales under the registration number 07162287, with a registered address at DA1 5UG, United Kingdom, Dartford, Kent, 5 Richmond Lane.

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