Electromech Assemblies Limited

Electromech Assemblies Ltd, based in Ramsgate, UK, is a small, active company founded 14 years ago. With 20 employees and £450,138 in assets, it's a well-established player in the local economy. The company, which has two directors and two owners, holds a perfect 5.0 Google rating based on one review, a testament to its customer service. It's a regular importer of electrical machinery and equipment, with recent activity recorded in January 2024.

The company’s website highlights its specialization in printed circuit board (PCB) design and manufacture. Electromech Assemblies caters to a range of needs, offering PCB design, assembly, cable harness production, and even full product design services. They boast over 30 years of experience, operating from a single in-house facility. The website emphasizes a team with a wealth of experience, working with high-street names and sports car manufacturers. They offer expertise from touch screen products to heater controls and wiring harnesses, even providing packaging, design, and logistics support.

Financially, Electromech Assemblies Ltd presents a mixed picture. While cash reserves increased by 26% to £44,000, current assets declined by 11% to £450,000. Bank borrowings decreased by 26% to £27,000, and trade debtors decreased by 20% to £210,000. Equity, however, saw a significant boost, rising by 37% to £130,000. Property, plant, and equipment decreased by 15% to £21,000. The company’s small size—meeting two of three conditions for being classified as small—allows for flexibility, but the fluctuating asset values warrant close monitoring. No auditor is mentioned, which is common for companies of this size. The company’s reliance on a small number of directors and owners could also be a potential risk factor.

Registered in England/Wales under the registration number 07363055, with a registered address at CT12 5HG, Ramsgate, Kent, 2 Wilton Road, Haine Industrial Estate.

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