Element Man Limited

Element Man Ltd, based in the West Midlands, UK, is a small, active company established 18 years ago. With four employees and £50,502 in assets, it operates from a virtual address, a detail worth noting as 28 companies are registered at the same location. The business is family-owned and runs an e-commerce site, enjoying a stellar 5.0 Google rating based on 131 reviews. It’s managed by four directors and owned by three individuals, although this list hasn't been updated in nine years. The company’s primary activity involves importing electrical machinery and equipment, although this is an irregular import with only one month of activity recorded since 2018.

The company’s website showcases a specialist supplier of cooker, fan, and grill oven elements, alongside a wide range of other heating elements and components for commercial catering and domestic appliances. It offers a vast selection, from fan oven motors to dishwasher elements and even parts for industrial equipment. The site is well-organized, featuring detailed product listings, helpful guides, and a clear focus on customer service, with a dedicated contact number and a subscription option for newsletters. It’s a very comprehensive site, and the company clearly aims to be a one-stop shop for heating element needs.

Financially, Element Man Ltd’s recent performance presents a mixed picture. Current assets have decreased by 20% to £51,000, while net assets have fallen by 26% to £25,000. Bank borrowings have been reduced by 53%, a positive sign, but cash reserves have plummeted 95% to just £200. Creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three conditions for being classified as small) helps it remain flexible, but the significant drop in equity raises concerns. With no auditor mentioned, the financial statements are unaudited.

Overall, Element Man Ltd appears to be a well-regarded specialist supplier navigating a challenging financial landscape. While its e-commerce presence is strong and its customer reviews are excellent, the recent financial trends suggest a need for careful management and possibly a re-evaluation of its import strategy.

Registered in England/Wales under the registration number 05878310, with a registered address at B75 5BE, West Midlands, 88 Hill Village Road, Sutton Coldfield.

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