Eurolaser It Ltd

Eurolaser It Ltd, based in Slough, UK, is a small, active company established 17 years ago. With seven employees and £890,874 in assets, it operates from a real address and is overseen by two directors and one owner. The company’s core business involves the wholesale of computers, computer peripheral equipment and software, but its trading history reveals a more complex picture. It's an irregular importer of machinery, boilers, and mechanical appliances, with just one month of import activity recorded as of May 2022. Conversely, it’s a regular exporter of electrical machinery and equipment, with 20 months of export activity as of December 2024.

The company’s website highlights its position as a "Trusted IT procurement solutions partner," offering rapid delivery services and direct access to a vast network of UK distributors. It boasts the ability to deliver most items within two hours, a key differentiator in the fast-paced IT sector. Eurolaser’s website emphasizes its extensive stock (over £250 million), wide range of products (160,000), and ability to set service level agreements—all aimed at providing superior procurement solutions for corporate IT buyers. It even has a dedicated account manager who can see, source, and deliver all of a client’s needs.

Financially, Eurolaser It Ltd presents a mixed bag. Cash bank on hand increased by a significant 34%, reaching £200,000, while current assets also grew by 11% to £890,000. However, debtors decreased by 16%, suggesting potential issues with collecting payments. On the downside, creditors increased by 70%, reaching £460,000—a substantial rise that warrants closer scrutiny. Net assets grew by 9.3% to £270,000, but bank borrowings decreased by 4.3%, reaching £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in creditors could signal a need for improved cash flow management. As a small company, it’s likely exempt from an audit, relying on unaudited financial statements.

Registered in England/Wales under the registration number 06488352, with a registered address at SL3 9JN, England, Slough, 24 London Road, Datchet.

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