Electroquest (uk) Limited

Electroquest (UK) Limited, based in Llandudno, North Wales, is a small, family-run business with an active status. Founded eleven years ago in 2013, the company employs just two people and holds £121,102 in assets. It operates from a virtual address shared by twenty-two other companies, raising some questions about its physical presence. Two directors and two owners—Roberts Deborah Ann and Roberts Martin Scott—manage the business, which has a stellar 5.0 Google rating based on thirty-eight reviews. Electroquest is an irregular importer, having imported goods for just one month back in 2017, and its top import category is listed as 'None'.

The company’s website, saleselectroquestuk.com, showcases a wide range of batteries and accessories for various applications, including golf carts, mobility devices, motorcycles, marine vessels, cars, and solar power systems. It’s clearly focused on e-commerce, offering a user-friendly online shopping experience with detailed product descriptions and a commitment to customer service. The site also includes a blog section, reinforcing its expertise in battery solutions.

Financially, Electroquest (UK) Limited presents a mixed picture. While current assets increased by 8.1% to £120,000, equity plummeted 480% to £44,000—a significant drop. Bank borrowings increased by 6.8% to £33,000, and cash reserves decreased by 44% to £630. Trade debtors increased by 20%, which could indicate a growing customer base or perhaps delayed payments. Creditors decreased by 12%, suggesting improved debt management. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it benefits from simplified reporting requirements, and no auditor is mentioned, relying on unaudited statements.

The company’s financial trends suggest it's facing some challenges, despite its strong online presence and positive customer reviews. The sharp decline in equity is particularly concerning, and it will be interesting to see how Electroquest navigates these pressures in the coming year.

Registered in England/Wales under the registration number 08662249, with a registered address at LL30 2RB, Llandudno, North Wales, 13 Trinity Square.

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