Eurocraft Technologies Limited

Eurocraft Technologies Ltd, based in Dudley, UK, is a sizable holding company with an active status, having been established twelve years ago. Employing 123 people, the company holds assets worth £8,793,018 and generates a yearly revenue of £34,830,338. It's led by one director and one owner, and boasts a respectable Google rating of 4.0 based on nine reviews. The company regularly imports electrical machinery and equipment, having done so for 66 months, and occasionally exports furniture, lighting, and prefabricated buildings, with just two months of export activity.

Eurocraft Technologies specializes in the design, manufacture, and sale of enclosure systems for the communications industry. Its website highlights a focus on network connection equipment, copper and fibre connectivity, and integration services. They even offer bespoke solutions, from cabinet design and prototyping to product integration and testing. A key element of their business is a partnership with Tii Technologies, expanding their portfolio with fibre telecoms products. They operate from a main site in Dudley and an integration facility in Kingswinford.

Financially, Eurocraft Technologies presents a mixed picture. While turnover increased by a substantial 40%, bank borrowings surged by a staggering 2,400%, reaching £29,000, and cash reserves fell by 30% to £28,000. Creditors decreased by 18%, suggesting better debt management, however. Net assets plummeted 73% to just £16,000. The company meets the criteria to be considered large, having met two of three conditions: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. The lack of an auditor mentioned likely means the figures are unaudited.

The company’s focus on specialized telecom enclosures and its partnership with Tii Technologies suggests a strategy of targeting a niche market. The sharp increase in bank borrowings and decrease in cash reserves, however, indicate potential financial pressures. It will be interesting to see how Eurocraft Technologies navigates these challenges and whether its focus on high-value solutions can sustain its growth.

Registered in England/Wales under the registration number 08249178, with a registered address at DY2 9AE, Dudley, West Midlands, Cinderbank.

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