Dyfed Electronics Limited

Dyfed Electronics Ltd from Milford Haven UK: small company, active status, founded 43 years ago, 3 employees, £25,020 assets, real address, 2 directors, 2 owners, family business, google rating 5.0 based on 1 reviews. Irregular importer of optical and medical tools and devices (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £25,020.

Dyfed Electronics Ltd has been a fixture in Milford Haven for over four decades, serving as a specialist in marine electronics. Founded in 31 July 1981, the company has grown from a small operation servicing the local shipping industry to a business with a wider reach, even offering services to vessels of up to 200,000 tonnes. They pride themselves on offering not only repairs and maintenance but also fixed-price contracts to port operators and local authorities. A key element of their business is a retail shop on Milford Marina, selling equipment from leading manufacturers.

The company's website highlights a focus on both commercial and leisure markets, offering a range of services from radar repairs to disaster recovery for damaged pianos. It seems they also have a separate division dedicated to piano restoration, operating from Cambridge and even boasting a presence in Harrods. This dual focus suggests a diverse range of skills and expertise within the business.

Financially, Dyfed Electronics Ltd has experienced some notable shifts. While cash bank on hand has decreased by a significant 29% to £19,000, creditors have fallen dramatically by 55% to £9,500. Debtors, however, have increased by a substantial 82%, which could indicate a change in payment terms or an increase in sales on credit. Equity has also seen a rise of 19%, reaching £24,000, suggesting improved retained earnings. Despite these changes, the company remains small, with only three employees and assets valued at £25,020. No auditor is mentioned, which is typical for companies of this size. The company’s long-standing presence and family-run nature suggest a stable, albeit modest, operation, though the increase in debtors warrants a closer look.

Registered in England/Wales under the registration number 01584971, with a registered address at SA73 1HY, Wales, Milford Haven, Pembrokeshire, 40 Neyland Road, Steynton.

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