Electronics Services Ltd

Electronics Services Ltd, based in Norwich, UK, is a small, active company founded nine years ago. With two employees and £69,995 in assets, it operates from a real address and is led by two directors, with Kendrick David Peter as the sole owner and solo founder. The company boasts a stellar 5.0 Google rating from 209 reviews, indicating strong customer satisfaction. It’s a regular importer of electrical machinery and equipment, with five months of import activity recorded.

The company’s website is minimal, suggesting a business-to-business focus rather than direct e-commerce. It appears to offer appliance repair services, operating within the "other service activities n.e.c." industries. The company’s presence on social media is also limited, further reinforcing the impression of a primarily offline operation.

Financially, Electronics Services Ltd presents a mixed picture. Current assets have fallen by 10% to £70,000, while cash reserves have declined even further, dropping 26% to £370. Equity has suffered a significant blow, plummeting 67% to just £11,000, and net current assets have fallen by 71% to £8,800. Creditors have increased by 30% to £61,000, suggesting the company is relying more on external financing. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity is concerning. The accounts are unaudited, reflecting the company’s exemption as a small business.

Despite the financial pressures, Electronics Services Ltd maintains a strong reputation based on its Google reviews. Whether it can sustain its current trajectory remains to be seen, but its focus on appliance repair and electrical equipment positions it within a consistently needed service.

Registered in England/Wales under the registration number 10087896, with a registered address at NR3 1EH, England, Norwich, Waterloo House, 17 Waterloo Road.

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