Edcom Systems Ltd

Edcom Systems Ltd, based in Chessington, UK, is a small, active company established 14 years ago. With three employees and £1,079,260 in assets, it operates from a real address and is overseen by one director and owner. The company is a regular importer and exporter of electrical machinery and equipment, with 77 months of import activity and 54 months of export activity recorded.

The company’s website reveals it’s a wholesaler of mobile phones and electronic equipment, distributing products to retailers worldwide from its Chessington premises. It offers a wide range of products, including mobile phones from major manufacturers, accessories, tablets, notebooks, game consoles, and other electronics. The website highlights a focus on delivering quality products backed by reliable service and emphasizes long-term customer relationships.

Financially, Edcom Systems Ltd presents a mixed picture. While cash bank on hand increased by a solid 8.1% to £790,000, current assets dipped 7.3% to £1,100,000. Trade debtors saw a significant drop of 63%, falling to £110,000, which could indicate improved collection efforts, or perhaps a reduction in sales. However, creditors also decreased by 78%, dropping to £33,000, suggesting the company is managing its short-term liabilities well. 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 decrease in net assets to £1,000,000 is something to keep an eye on. No auditor is mentioned, likely due to the company’s exemption as a small entity. The increased borrowings by 2,400% to £29,000, however, should be noted.

Registered in England/Wales under the registration number 07504217, with a registered address at KT9 1BD, Chessington, Surrey, Trident Court One Oakcroft Road, Hook Rise South.

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