European Electronique Limited

European Electronique Limited, based in Eynsham, Oxfordshire, is a well-established technology solutions provider with a 42-year history. The company, active since its incorporation in 1983, employs 96 people and holds £21,420,014 in assets, generating a yearly revenue of £47,093,623. It’s a sizable operation, meeting two of three conditions to be considered large: turnover exceeding £36 million and a balance sheet total over £18 million. The business operates from a real address and is overseen by four directors and a single owner. A strong online presence, including an e-commerce site and a 5.0 Google rating from 17 reviews, highlights its customer focus. They regularly import electrical machinery and equipment, with their last import activity occurring in May 2020.

European Electronique specializes in delivering integrated technology solutions, particularly in networking infrastructure, cyber security, and hybrid cloud platforms. Their website showcases partnerships with leading vendors like HPE, Microsoft, and Fortinet, offering services ranging from consultancy and solution design to project management and 24/7 support. They cater to a wide range of sectors, including education, healthcare, and commercial businesses, and even participate in industry events like BETT UK and Networkshop.

Financially, the company's recent performance presents a mixed picture. While turnover remained stable at £47 million, cash bank on hand decreased by 26% to £5.5 million. A significant drop in accrued liabilities deferred income, falling 77% to £150,000, suggests a shift in payment terms or reduced short-term obligations. However, administrative expenses remained relatively stable, decreasing just 1.8% to £2 million. Perhaps most notably, the company’s net assets declined by 0.63% to £4.6 million, which could indicate increased borrowing or investment. Although the company’s director remuneration decreased by 1.8%, the total remuneration for all directors fell by 22%. The company's auditor is Cooper Parry Group Limited. Overall, European Electronique appears to be a financially sound, albeit somewhat challenged, business navigating the evolving technology landscape.

Registered in England/Wales under the registration number 01704440, with a registered address at OX29 4TT, Oakfields Industrial Estate, Eynsham Oxon., Forward House, Oakwood.

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