Elecomm Limited

Elecomm Ltd, based in Sheffield, UK, is a sizable company with an active status, having operated for 21 years. Employing 119 people and boasting assets of £7,075,156, it’s a key player in the UK building services market. The company has five directors, though there are no owners reported, which is a bit unusual. It maintains a real address and enjoys a respectable Google rating of 4.0 based on 34 reviews. Elecomm is a regular exporter, specializing in electrical machinery and equipment, with its last export operation recorded in August 2024.

The company presents itself as a "MultiDisciplined Business Service Provider," offering a coordinated package of electrical, mechanical, data IT services, and maintenance solutions. Its website highlights rapid expansion and a commitment to being a "business support partner." It seems Elecomm is primarily focused on providing services rather than operating as an e-commerce business, with no online store or direct product sales apparent. Instead, it emphasizes partnerships and accreditations.

Financially, Elecomm Ltd shows a mixed picture. While current assets increased by 23%, to £7.1 million, cash reserves took a significant hit, decreasing by 77% to just £130,000. Bank borrowings also decreased. However, creditors have increased, suggesting the company is relying more on credit. Net assets grew by 9.9% to £2.1 million, and the company’s turnover increased by 15% to £16 million. The company meets two of three criteria to be considered a large company, with a turnover of over £36 million and a balance sheet total of over £18 million. The unaudited accounts were reviewed by Hart Shaw LLP.

Despite the increase in turnover, the sharp decline in cash reserves is concerning and could indicate that Elecomm is burning through money to fuel its expansion. The lack of reported owners, coupled with the reliance on credit, suggests a potentially complex management structure. The company’s success hinges on its ability to maintain strong client relationships and effectively manage its finances.

Registered in England/Wales under the registration number 04838546, with a registered address at S20 1DJ, Sheffield, C4 Beighton Link Business Park, Old Colliery Way Beighton.

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