Electromech Design And Assembly Limited

Electromech Design And Assembly Ltd from Leicestershire UK: a small, active company established 45 years ago, employs 26 people, and holds assets valued at £1,172,985. The business, led by one director and owner, maintains a 5.0-star Google rating based on a single review. It’s an irregular importer of electrical machinery and equipment, with recent activity recorded two months ago.

The company specializes in the manufacture of electronic components, a niche sector within the broader engineering landscape. It's a small business, meeting two out of three criteria: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It's a real address, and the company is registered at LE2 7PQ, Leicestershire, 13 Dartford Road, Leicester.

Looking at the financial data, there’s a mixed picture. While the company's cash bank on hand has decreased significantly by 53%, dropping to £450,000, trade debtors have increased substantially by 49%, reaching £530,000. This could indicate a period of growth but also potential challenges in collecting payments. Property, plant, and equipment have increased by 38%, suggesting investment in the business, while creditors have risen by 18%, which is not necessarily a bad thing. The company's net current assets have fallen by 34%, which is a bit concerning. The company is audited by Christie Holyland Limited.

The company's reliance on a single owner and director, Peter Bates, could present a risk if he were to leave. However, the company’s long-standing presence in the market and its positive Google rating suggest a degree of stability and customer satisfaction. The company is exempt from audit, so the financial data is unaudited.

Registered in England/Wales under the registration number 01475096, with a registered address at LE2 7PQ, Leicestershire, 13 Dartford Road, Leicester.

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