Elmecon Limited

Elmecon Limited, based in Manchester, UK, is a small holding company with an active status, celebrating 35 years since its founding in 1990. The company employs eight people and holds £261,827 in assets. It operates from a real address shared by eight other companies, managed by one director and one owner. Elmecon is a regular importer, specializing in electrical machinery and equipment, with 8 months of import activity recorded, the last operation taking place in November 2024.

The company’s website reveals it’s a globally recognized switchgear specialist, offering design, development, simulation, analysis, procurement, and testing services to the medium voltage switchgear industry. It doesn't manufacture but provides consultancy and expertise, serving clients across 30 countries, including the US, Australia, and various European nations. The site highlights a focus on innovation and experience, boasting 150 years of combined team expertise and serving 120 clients. They offer services from blue-sky thinking to independent testing, catering to a wide range of industries, including commercial, marine, oil & gas, and renewables.

Financially, Elmecon shows some concerning trends. Current assets have decreased by 22% to £260,000, while net assets have fallen 10% to £350,000. Creditors have dropped significantly by 54%, which is a positive sign, but trade debtors have also seen a substantial decrease of 51%. Cash reserves have increased by 14% to £170,000. The company meets the criteria to be considered a small company, with turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, suggesting exemption under small company regulations. The decrease in equity, while not catastrophic, warrants further investigation. It’s possible the company is reinvesting in its services or facing increased competition, but the trends suggest a need for careful financial management.

Registered in England/Wales under the registration number 02499874, with a registered address at M29 8QH, England, Manchester, C/O Mss Products Ltd Bankfield Road, Tyldesley.

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