Electrics Warehouse Ltd

Electrics Warehouse Ltd, based in Solihull, UK, is a small, active company founded fifteen years ago. With three employees and £315,352 in assets, it operates a real address and is managed by two directors and one owner. The business runs an e-commerce site and enjoys a perfect 5.0 Google rating from four reviews. It's an irregular importer, with its last import activity recorded over a decade ago in December 2017, focusing on electrical machinery and equipment.

The company’s website showcases a wide range of appliances, spares, and DIY tools – from kitchen appliances and vacuum cleaners to electrical accessories and lighting. It’s a one-stop shop for home and electrical needs, offering both new products and replacement parts. The site also features a "featured products" section and a sign-up for the latest news and offers, demonstrating an effort to engage customers.

Financially, Electrics Warehouse Ltd presents a mixed picture. Current assets have decreased by 12%, falling to £320,000, while net assets have dropped significantly by 30%, reaching £270,000. Bank borrowings have increased by 200%, reaching £29,000, and cash reserves have fallen by 35%, down to £64,000. Trade creditors have remained relatively stable. The company's small size—meeting two of three conditions for being classified as small—helps with agility, but the decline in equity suggests potential challenges. As a small company, it's exempt from an audit, so the figures are unaudited.

The company's irregular import history and fluctuating financials suggest a business navigating a competitive market. While its e-commerce platform and positive customer reviews indicate a strong online presence, the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 06909540, with a registered address at B90 4DA, Solihull, West Midlands, 79 Blackford Road, Shirley.

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