Genco Electrical Projects Limited

Genco Electrical Projects Ltd, based in Huddersfield, UK, is a small, active family business established 20 years ago. Employing 27 people, the company holds £683,634 in assets and operates from a real address. With two directors and two owners, Genco Electrical boasts a stellar 5.0 Google rating from four reviews. They’re regular importers of electrical machinery and equipment, with 50 months of import activity recorded.

The company's website details four distinct business divisions: Genco Electrical, Genco Tech, Genco Renewables, and Genco Facilities Management. These divisions offer a range of services, from electrical project management and installation to renewable energy solutions and facility management. Their history page highlights key milestones, including NICEIC accreditation, partnerships, and the formation of Genco Renewables. They even developed a bespoke electronic system and completed an overseas project. A committed team, they say, is their finest asset.

Financially, Genco Electrical shows a mixed picture. Current assets increased slightly to £680,000, while net assets decreased by 1.3% to £220,000. Bank borrowings increased by 82% to £18,000, and cash reserves plummeted 98% to just £95. Creditors decreased by 8.5% to £490,000, suggesting improved debt management. The company's small size (meeting two of three criteria for a small company) allows for agility. Trade debtors decreased by 18% to £350,000. The company is exempt from an audit, so the figures are unaudited. The increase in bank borrowings and decrease in cash reserves are concerning, but the decrease in creditors is a positive sign.

Registered in England/Wales under the registration number 05292106, with a registered address at HD1 3ER, England, Huddersfield, West Yorkshire, 9 Colne Road.

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