Electrosmart Limited

Electrosmart Ltd from Hartlepool UK: a small, active company founded 15 years ago, employs nine people, and holds £880,694 in assets. With four directors and one owner, it maintains a solid 4.0 Google rating from seven reviews, and regularly imports electrical machinery and equipment—a consistent 106 months of activity. It's a real address, not some virtual operation.

The company’s website showcases a wide range of electrical components and accessories, positioning itself as an authorized distributor for HiLook by Hikvision, a well-known brand in the security and surveillance market. It operates a trade counter and offers online ordering with click-and-collect options. The site is comprehensive, listing everything from alarms and CCTV equipment to cables, fuses, and even tablet accessories. It's clear Electrosmart is targeting both trade customers and the general public, providing a one-stop shop for electrical needs.

Financially, Electrosmart Ltd appears to be in a reasonably healthy position. Cash reserves increased by a respectable 15% to £480,000, while current assets grew by 8.1% to £880,000. Debtor levels, however, decreased significantly—a 79% drop to just £3,400—which could indicate improved collection practices or a shift in sales terms. Creditors also increased slightly, by 3.5% to £170,000. The company's small size—meeting two of three criteria for being classified as small—allows for flexibility, but the drop in equity, though not drastic, warrants a closer look. There's no auditor mentioned, which is common for smaller companies.

Overall, Electrosmart Ltd seems to be a well-established, stable business. The focus on HiLook by Hikvision and the comprehensive product range suggest a deliberate strategy, and the financial data indicates a company that’s managing its resources well, though perhaps not growing at a rapid pace. The decrease in debtors is a positive sign, but the company should keep an eye on its equity position to ensure long-term financial stability.

Registered in England/Wales under the registration number 07127614, with a registered address at TS25 1PD, England, Hartlepool, Progress House, Usworth Road.

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