Electric Systems Limited

Electric Systems Ltd is a large, active company founded nineteen years ago, in 2006. Based in Manchester, it operates as a holding company with 63 employees and boasts assets totaling £19,552,113. The company, overseen by three directors and one owner, regularly imports and exports electrical machinery and equipment – 589 months of import activity and 1332 months of export activity, with the latest operations occurring in January 2025.

The company's website positions Electric Systems Ltd as a leading provider of electrical distribution, automation, control, and switchgear products. It emphasizes unparalleled sourcing capabilities and exceptional customer service. The site’s structure, with tabs for "About Us," "Become a Customer," and "Become a Supplier," suggests a business-to-business model, likely involving wholesale rather than direct-to-consumer sales. There’s no obvious e-commerce functionality on the site – it appears designed to generate leads and facilitate relationships with trade customers.

Financially, Electric Systems Ltd shows a mixed picture. While revenue remains strong, current assets have decreased by 27% to £20 million, and net assets have fallen 1.5% to £11 million. Bank borrowings have increased significantly, reaching £230,000, and cash reserves have declined by 68% to £430,000. However, creditors have also decreased, suggesting improvements in managing short-term liabilities. The company’s size – meeting two of three criteria for a large company – and the fact that it’s been audited by Lopian Gross Barnett & Co, suggests a stable, if somewhat pressured, operation. The sharp drop in cash reserves and increase in bank borrowings, however, could indicate that the company is burning through money faster than it’s generating it. The increase in audit fees, while not alarming, could be a sign of increased regulatory scrutiny.

Registered in England/Wales under the registration number 05686543, with a registered address at M3 1HJ, 15 Carnarvon Street, Manchester.

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