Deebridge Electrical Engineers Limited

Deebridge Electrical Engineers Ltd from Aberdeen UK: a small holding company with an active status, established 58 years ago in 1966, employs 13 people and holds £1,241,658 in assets. It operates from a virtual address – thirty-four companies registered at the same location – and is managed by four directors and one owner. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation occurring in October 2023.

The company’s website is minimal, providing little insight beyond its core business: the manufacture of other electrical equipment. There’s no e-commerce presence, suggesting a business-to-business model rather than direct sales to consumers.

Financially, Deebridge Electrical Engineers Ltd presents a mixed picture. While net assets increased by 20% to £1,000,000, cash reserves declined by 33% to £370,000. Trade debtors increased significantly by 69%, indicating a potential reliance on customer payments, while creditors decreased by 37%. The company’s small size – meeting two of three conditions for being classified as small – allows for agility, but the increase in bank borrowings by 460% to £190,000 is something to watch. The company’s accounts are audited by Anderson Anderson & Brown Audit LLP, and the financial statements are prepared on a going concern basis. The decrease in deferred tax debt is also something to note. The company’s revenue recognition policy is to ensure that the economic benefits will flow to the company and the revenue can be reliably measured.

Registered in Scotland under the registration number SC044123, with a registered address at AB10 1YN, Scotland, Aberdeen, Aberdeen City, 37 Albyn Place.

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