Elegant Electronics Limited
- Active
- Small
- 42 years
- 2 employees
- £3,093,360 (cur assets)
- 1m-15m
- Regular importer
- Real address
- 3 directors
- 2 owners
- Family business
- Northwood
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Elegant IT, based in Northampton, UK, is a small, active company founded 41 years ago in 1984. With two employees and £3,093,360 in assets, it’s a family-run business with three directors and two owners. The company operates from a real address and regularly imports ceramic products, with the last import activity recorded five months ago. Elegant IT’s core business revolves around IT support and software development, catering to businesses in Northampton and beyond.
The company’s website showcases a range of services, including IT infrastructure solutions, cloud computing, and bespoke software development. It also offers a suite of software products designed to support business processes and reporting, such as an accident reporting system and a virtual whiteboard. The site emphasizes a focus on achieving what other developers say is impossible, and providing elegant solutions to IT headaches. There's a blog with recent posts on Azure database maintenance and system updates.
Financially, Elegant IT presents a mixed picture. Bank borrowings decreased by 20%, dropping to £3.9 million, while cash reserves increased significantly by 350%, reaching £700,000. Current assets jumped by 330%, rising to £3.1 million, but trade debtors increased dramatically by 320%, reaching £2.4 million. Equity grew by 19%, reaching £7.4 million, and net assets also increased by 19%. Despite these positive trends, net current liabilities increased by 1,300%, reaching £2.6 million, which could suggest the company is relying on short-term financing. The company is exempt from an audit as a small company.
The substantial increase in debtors could be a sign that the company is extending credit to customers, or it could indicate challenges in collecting payments. While the increased cash reserves and overall growth in assets are encouraging, the high level of short-term liabilities warrants closer monitoring.
Registered in England/Wales under the registration number 01789370, with a registered address at HA6 2LD, England, Northwood, Middlesex, 16 Astons Road, Moor Park.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
-
Resident of United Kingdom
-
Individual
- N/A
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty one days ago.
Last news
-
Confirmation statement made on 2026-01-30 with updatesDownload 5 pages pdf report
-
Satisfaction of charge 017893700019 in fullDownload 1 page pdf report
-
Total exemption full accounts made up to 2024-03-31Download 10 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Elegant Electronics Limited
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