Eurosat Distribution (midlands) Limited

Eurosat Distribution Midlands Ltd from Walsall, UK, is a small holding company with an active status, established 33 years ago in 1991. Employing 15 people, the company holds £1,271,149 in assets and operates from a real address. With three directors and one owner, it boasts a stellar 5.0 Google rating based on 32 reviews. The company regularly imports electrical machinery and equipment, with 10 months of import activity recorded.

The company’s website, Eurosat, is a wholesale distributor of technology to trade installers, offering next-day delivery, technical support, and trade account facilities. It supplies equipment from major brands and operates from three locations: Walsall, Leeds, and Leigh. The site highlights over 25 years of experience and caters to the UK’s conversion to digital technology. The company’s focus is on wholesale distribution, not direct consumer sales.

Financially, Eurosat Distribution Midlands Ltd shows some interesting trends. Cash bank on hand decreased by 8.4% to £350,000, while creditors decreased by 21% to £210,000. Trade debtors increased by 9.2% to £490,000, which could indicate growing sales but also potential issues with collections. Net assets increased by 2.8% to £1,500,000, which is a positive sign. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s unaudited financial statements, which are not reviewed by an auditor, rely on director-reported data.

Overall, Eurosat Distribution Midlands Ltd seems to be a stable, albeit small, operation. The company’s focus on wholesale distribution and its strong Google rating suggest a solid business model, but the increased trade debtors should be monitored closely.

Registered in England/Wales under the registration number 02626593, with a registered address at WS2 0BW, England, Walsall, Argyle House, Longmore Avenue.

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