Electrix International Limited

Electrix International Ltd from County Durham, UK, is a large, active company founded 43 years ago in 1981. Employing 69 people, it boasts assets of £6,476,572 and annual revenue of £12,344,786. It has a real address and is led by three directors and a single owner, who is also the solo founder. The company regularly imports and exports iron or steel products, with 194 months of import activity and 602 months of export activity recorded.

As a manufacturer of stainless steel enclosures, cable management systems, and related products, Electrix International Ltd caters to industries like food processing, brewing, and pharmaceuticals. Its website showcases a wide range of products, from electrical enclosures and trunking systems to wire basket cable trays and brackets. The company also offers custom design services and emphasizes its large stock and quick delivery times. It has a modern computer-controlled storage facility and ships worldwide.

Financially, Electrix International Ltd presents a mixed picture. While revenue remained stable, administrative expenses stayed the same, and the company has a large stock, several key metrics have shifted. Accrued liabilities have doubled, while accumulated amortisation impairment of intangible assets has increased significantly. Bank borrowings have decreased, and cash bank on hand has fallen considerably. The company’s large size (meeting two of three conditions for turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250) means it’s subject to more scrutiny, but the decrease in cash reserves and increase in liabilities are something to watch. The company’s auditor is Mitchell Gordon LLP.

The company’s focus on stainless steel products and its ability to serve specialized industries suggest a strong foundation, but the recent financial trends indicate a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 01570249, with a registered address at DL14 6XP, County Durham, Dovecot Hill South Church, Enterprise Park Bishop Auckland.

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