Electronics Direct Limited

Electronics Direct Ltd, based in York, UK, is a well-established company with a strong presence in the electrical machinery and equipment sector. Founded 25 years ago in 1999, this active business employs 57 people and boasts assets totaling £4,386,493. With a real address and three directors, the company has maintained a 5.0 Google rating based on 13 reviews. It’s a regular importer (1236 months) and exporter (897 months) of electrical machinery and equipment, with the latest activity recorded in January 2025.

The company operates as an electronic components distributor, offering a wide range of products and services to businesses. Its website highlights a focus on sourcing components, inspection, quality assurance, and environmental awareness. It even offers a “component sourcing solution” with franchised and independent distributors, emphasizing competitive pricing and customer service. The website also mentions a passion for cost savings and building strong, lasting relationships with clients.

Financially, Electronics Direct Ltd has seen some shifts. Cash reserves have fallen by 22% to £1,200,000, while bank borrowings have increased by 100% to £29,000. Creditors have decreased by 33%, suggesting better management of short-term debts. Turnover has dropped by 54%, falling to £8,600,000, and net assets have fallen by 39% to £4,400,000. The company meets the criteria for a large business, having met two of three conditions: turnover over £36 million, balance sheet total over £18 million, and average number of employees over 250. The company’s auditor is Hunter Gee Holroyd.

These changes could be attributed to a number of factors, such as increased competition, changes in market demand, or supply chain disruptions. While the company’s strong Google rating and commitment to customer service are positive signs, the financial trends suggest that Electronics Direct Ltd is facing some challenges.

Registered in England/Wales under the registration number 03884011, with a registered address at YO60 6RZ, York, Headway House The Industrial Estate, York Road, Sheriff Hutton.

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