European Circuits Limited

European Circuits Ltd, based in Clydebank, UK, is a small, active company that’s been around for 25 years. Founded in 1999, it employs 29 people and holds assets valued at £4,512,706. With three directors and a single owner, Briscoe Mark, it operates from a real address and has a long history of importing and exporting electrical machinery and equipment – 125 months of imports and 64 months of exports recorded.

The company’s website highlights its capabilities as a manufacturer of printed circuit boards (PCBs), offering design, bare board manufacture, and assembly services all under one roof. They even boast a unique connection to BBC Radio 2, having hosted Ken Bruce’s live broadcast from their facility in 2019. They’re currently recruiting, investing in state-of-the-art equipment, and offering a wide range of services, from cable assembly to BGA placement. The website also showcases testimonials from satisfied customers, praising their quality, professionalism, and responsiveness.

Financially, European Circuits Ltd shows some interesting trends. Creditors decreased by 17%, which is good, but cash reserves fell by 9.1% to £2.6 million. Bank borrowings, however, are down significantly – a 70% reduction in the non-financial instruments category. Net assets increased by 26%, reaching £3.9 million, and trade debtors have risen by a substantial 88%. 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 decrease in cash reserves warrants attention. The accounts are unaudited, as is common for small companies.

Overall, European Circuits Ltd seems to be navigating a period of change. While the company is clearly focused on growth and investment, the financial data suggests a need to carefully manage cash flow and maintain strong customer relationships.

Registered in Scotland under the registration number SC197100, with a registered address at G81 4HT, Clydebank, West Dunbartonshire, 2 Beardmore Way, Clydebank Industrial Estate.

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