Electrical & Allied Distributors (n.i.) Limited

Electrical & Allied Distributors (n.i.) Limited, based in Belfast, UK, is a small, active company founded fifteen years ago in 2009. With six employees and £1,598,766 in assets, it operates from a real address within the M2 Trade Centre. Two directors and two owners manage the business, which holds a stellar 5.0 Google rating based on three reviews. The company is an irregular importer, with its last import activity recorded over two years ago in March 2021, and the top import category being none.

The company's website is unavailable, making it difficult to determine the specifics of its operations beyond what’s publicly available. It appears to operate in the non-specialised wholesale trade and provides other professional, scientific, and technical activities.

Financially, Electrical & Allied Distributors (n.i.) Limited shows a mixed picture. Current assets have increased by a substantial 34%, reaching £1,600,000, while bank cash has decreased by 14%, falling to £420,000. Creditors have risen significantly, increasing by 53% to £800,000. Trade debtors have doubled, reaching £960,000, which could indicate increased sales but also potential challenges in collecting payments. Equity has also increased by 15%, reaching £750,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size. The sharp increase in creditors suggests the company may be relying on short-term financing to manage its operations, although the increase in assets indicates growth.

Registered in Northern Ireland under the registration number NI601198, with a registered address at BT3 9BW, Northern Ireland, Belfast, Unit 1 M2 Trade Centre, 38-40 Duncrue Crescent.

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