Elec-mec (wholesale) Limited

Elec Mec Wholesale Ltd from Harrow UK: a small, active company founded 33 years ago, employs 14 people, and holds £10,275,521 in assets. Operating from a virtual address, the business is a family-run enterprise with two directors and two owners, and it runs an e-commerce site, earning a 4.0 Google rating from 182 reviews. It regularly imports furniture, lighting, and prefabricated buildings (for 19 months), and occasionally exports ceramic products (for just one month).

The company’s website showcases a wide range of plumbing and heating supplies, from pipes and fittings to radiators and underfloor heating systems. It caters to both trade and retail customers, offering a comprehensive selection of products and brands. It even operates as a training centre for Daikin equipment, and provides a salt delivery service for water softeners. It’s a real one-stop shop for building and plumbing needs.

Financially, Elec Mec Wholesale Ltd appears reasonably healthy, although some trends are worth noting. Cash bank on hand increased by 7.9% to £9,100,000, and net assets grew by 9.8% to £8,600,000. However, trade debtors increased significantly by 90% to £590,000, which could indicate challenges in collecting payments. Creditors also rose by 13% to £1,800,000. The company’s small size (meeting two of three conditions for being classified as small) allows for flexibility, but the increase in debtors warrants monitoring. No auditor is mentioned, which is common for small, exempt companies. Overall, Elec Mec Wholesale Ltd seems to be a stable and well-regarded supplier in its sector, although it’s important to keep an eye on its debt collection practices.

Registered in England/Wales under the registration number 02628126, with a registered address at HA1 3AW, England, Harrow, Grove House Third Floor, 55 Lowlands Road.

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