Electraweld Limited

Electraweld Ltd, based in Sittingbourne, UK, is a small, active company established 33 years ago. Employing just six people, it holds £481,843 in assets and operates from a virtual address—a point of note as eighty-eight companies share the same address. The company is owned by Westcott Deceased Vanessa Margaret and Westcott Anthony Alfred, overseen by directors Liddle Tracy Lily, Liddle Dale Andrew, and Westcott Anthony Alfred. It boasts a stellar 5.0 Google rating from nine reviews.

The company’s primary focus is importing electrical machinery and equipment, with a consistent record of imports spanning eleven months, the latest recorded in October 2024. Electraweld Ltd operates within the wholesale of other machinery and equipment industries. Its website, while not a direct e-commerce platform, links to Facebook, suggesting a social media presence for marketing and customer engagement.

Financially, Electraweld Ltd presents a mixed picture. Current assets remained stable at £480,000, while net assets grew by 29% to £200,000—a positive sign. Bank borrowings decreased by 63%, reducing to £6,100, and cash reserves increased by 15% to £93,000. Creditors decreased by 18%, indicating improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

Overall, Electraweld Ltd appears to be in a reasonably healthy position, demonstrating stability and some positive financial trends. The virtual address, however, warrants further investigation, as it could indicate shared administrative services or a more complex business structure.

Registered in England/Wales under the registration number 02654335, with a registered address at ME9 8PX, United Kingdom, Sittingbourne, Kent, Building 1063 Cornforth Drive, Kent Science Park.

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