Elektronics Europe Limited

Elektronics Europe Ltd from Wakefield UK: a small, active company founded 23 years ago, employs six people, and holds £476,146 in assets. With seven directors and two owners, the company operates from a real address and regularly imports and exports optical and medical tools and devices – 68 months of imports and 3 months of exports. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website highlights its role as a specialist electronic controls supplier, particularly for refrigeration, air conditioning, heating, and pressurisation controllers. It’s a distributor for Schneider Electric and a key supplier of Eliwell and Ranco controls, offering both off-the-shelf and bespoke solutions. The website also features case studies showcasing its work in diving equipment, digital pressurisation, and water boosting systems. It’s clear that Elektronics Europe is focused on B2B sales, catering to industrial clients and offering technical expertise. The site’s design is a little dated, but it’s functional and provides clear information about its products and services.

Financially, Elektronics Europe Ltd’s recent performance shows some concerning trends. Current assets have decreased by 6.8% to £480,000, while net assets have fallen 11% to £390,000. Bank borrowings have increased by a significant 23%, reaching £59,000, and cash reserves have decreased by 13% to £230,000. Trade debtors have also fallen by 20%, suggesting a potential issue with customer payments. The company’s small size helps it stay nimble, but the decrease in net assets and increase in borrowings raise questions about its financial health. The accounts are unaudited, likely due to its status as a small company. It’s worth noting that the company’s profit loss has also decreased significantly, falling from £84,000 to -£50,000. This could be due to increased costs or decreased sales.

Registered in England/Wales under the registration number 04220564, with a registered address at WF5 9TJ, Wakefield, West Yorkshire, The Gateway Suite No 4 Fryers Way Silkwood Park, Ossett.

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