Electrovision Limited

Electrovision Ltd, based in St. Helens, UK, is a sizable company with a history spanning 44 years. Holding company status and an active trading position, it employs 50 people and manages assets totaling £8.7 million. Yearly revenue sits at £8.2 million, reflecting a steady business operation. With six directors and a single owner, the company has a solid leadership structure, and a Google rating of 4.0 from 20 reviews suggests generally positive customer experiences. Electrovision regularly imports electrical machinery and equipment – a substantial 1174 months of import activity – and exports furniture, lighting, and prefabricated buildings, with 52 months of export activity.

The company’s website showcases a broad range of products, from audio-visual equipment to domestic appliances and professional lighting solutions. It’s clearly an established wholesaler, not an e-commerce business, with a focus on supplying trade customers rather than direct consumer sales. The site lists numerous brands, indicating a diverse product portfolio and strong relationships with manufacturers. There's a clear emphasis on providing technical support and quick order processing, which is important for a B2B model.

Financially, Electrovision Ltd presents a mixed picture. While turnover remained relatively stable, key indicators suggest some challenges. Net assets decreased by 15%, dropping to £1.9 million, and cash reserves fell 60%, settling at £43,000. Bank borrowings, however, have vanished entirely, a positive sign. Creditors decreased by 10%, indicating improved debt management, and administrative expenses dropped by 11%, suggesting cost-cutting measures. The company’s size—meeting two of three criteria for a large company—means it's subject to more stringent reporting requirements. The lack of auditor information, likely due to exemption status, means the figures are unaudited.

Overall, Electrovision Ltd appears to be a well-established wholesaler facing some financial headwinds. The reduction in cash reserves and the decrease in net assets are concerning, but the elimination of bank borrowings and the decrease in administrative expenses offer some hope. It's likely the company is navigating a competitive market and adjusting its operations to maintain profitability, but the long-term health of the business remains to be seen.

Registered in England/Wales under the registration number 01518942, with a registered address at WA9 3EX, St. Helens, Merseyside, Lancots Lane, Sutton.

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