European Electronics Ltd

European Electronics Ltd, based in Stoke-On-Trent, UK, is a small holding company with an active status, having been founded 14 years ago in 2010. The company employs six people and holds assets worth £7,824. It operates from a real address and is managed by three directors, with one owner reported. A key aspect of its business is an e-commerce site, and it regularly imports and exports electrical machinery and equipment – 205 months of imports and 853 months of exports recorded.

The company specializes in supplying industrial, electrical, and mechanical equipment to various industries. Its website showcases a wide range of products, including circuit boards, drives, encoders, and more, sourced from numerous manufacturers like ABB, Allen Bradley, and Siemens. It emphasizes competitive pricing, fast delivery, and a warranty on all products. The website also lists a large number of manufacturers, which is a good sign.

Financially, European Electronics Ltd presents a mixed picture. Current assets have decreased significantly, dropping by 110% to a negative £13,000. Debtor’s have also decreased, but the company’s equity has increased by 7%, reaching £230,000. Bank borrowings have increased, and cash reserves have fallen considerably. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The large decrease in current assets, however, is something to keep an eye on. It's possible that the company is experiencing cash flow issues, or perhaps it has invested heavily in inventory.

Registered in England/Wales under the registration number 07407775, with a registered address at ST6 4BF, England, Stoke-On-Trent, Unit 2 North Staffs Business Park, Innovation Way.

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