Cope Electronics Limited

Cope Electronics Ltd from Kingswinford UK: a small holding company with an active status, was founded 41 years ago and employs 35 people. The company holds assets worth £604,631, operates from a real address, and is overseen by four directors and one owner. It’s a regular importer of electrical machinery and equipment, with 181 months of import activity recorded.

The company’s core business revolves around electronics manufacturing services, as evidenced by its website. Cope Technology, as it’s known, offers a comprehensive suite of services, including PCB assembly, design, prototyping, testing, box build, and materials management. The website emphasizes competitive pricing, reliable delivery, and quality guarantees, positioning the company as a “Midlands Premier Electronics Manufacturing Service.” Notably, the company highlights its employee ownership trust, suggesting a vested interest in customer success.

Financially, Cope Electronics Ltd presents a mixed picture. Current assets have decreased by 16% to £600,000, while net assets have increased by 4.5% to £220,000. Bank borrowings have decreased, and cash reserves have fallen significantly by 82% to just £40,000. Trade debtors have increased by 16%, suggesting a potential strain on cash flow. Despite meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the decrease in cash reserves warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Cope Electronics Ltd seems to be navigating a challenging environment. While its manufacturing services appear robust, the financial data suggests a need to carefully manage cash flow and maintain profitability.

Registered in England/Wales under the registration number 01789387, with a registered address at DY6 7UF, Kingswinford, West Midlands, Building 32 Second Avenue, Pensnett Estate.

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