Firelec Limited

Firelec Ltd, based in Pickering, UK, is a small, active company founded 23 years ago in 2002. With 10 employees and £1,517,111 in assets, it operates from a real address and is managed by two directors and owners. The company holds a perfect 5.0 Google rating based on a single review. It's an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the most recent import activity recorded just one month ago in July 2024.

Firelec Controls Ltd, as its website indicates, specializes in fire safety and security systems. They offer a range of services, including installation, commissioning, servicing, and repair of fire alarm and security systems, catering to schools, colleges, universities, and other public buildings across Bedfordshire and surrounding areas. Their services extend to fire risk assessments, CCTV systems, access control, and intruder alarms. The company also provides safety services and routine servicing to meet British Standards. The website even showcases case studies, including work for YMCA and Magenta Self Storage.

Financially, Firelec Ltd presents a mixed picture. While current assets increased slightly to £1.5 million, cash reserves decreased by 20% to £580,000. Bank borrowings have increased, and creditors decreased slightly. The company’s average number of employees dropped by 20% to eight. Despite the decline in employees, the company's net assets increased by 11% to £1.4 million. The company's small size—meeting two of three conditions for being considered small—helps it remain flexible. As a small company, it is exempt from an audit, so the figures are unaudited. The increase in advances to directors is noticeable, though the reasons behind it are unclear.

Overall, Firelec Ltd seems to be navigating a period of change. The company’s focus on specialized services and its established presence in the region suggest a solid foundation, but the financial figures indicate a need for careful management and strategic planning.

Registered in England/Wales under the registration number 04412937, with a registered address at YO18 8HT, Pickering, North Yorkshire, Lower Brown Howe Farm House Brown Howe Road, Stape.

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