Gigatronix Limited

Gigatronix Ltd from Havant UK is a small holding company with an active status, having been founded 24 years ago in May 2000. The company employs 21 people and holds assets valued at £2,389,388. It has a real address, is overseen by four directors, and has one owner. Regular importer and exporter of electrical machinery and equipment, with 258 months of import activity and 162 months of export activity recorded.

The company’s website showcases a focus on coaxial cables, connectors, and assemblies. It operates an online store, allowing customers to configure custom coaxial cable assemblies using a tool called Cabulator. The site also features a resource hub with technical information and support materials. It seems they’re targeting a niche market of electronics engineers and industrial buyers. They also sell tooling and accessories.

Financially, Gigatronix Ltd appears to be in a reasonably healthy position. Current assets have increased by 18%, reaching £2,400,000, and net assets have grown by 8.3%, now standing at £2,500,000. Cash reserves have seen a significant boost, increasing by 31% to £1,300,000. Trade debtors have also increased, by 14%, to £530,000. However, creditors have jumped considerably, by 53%, to £520,000. Plant and machinery has also increased by 2.4% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the increase in creditors should be monitored. The company is exempt from an audit, so the financial statements are unaudited.

The company’s growth in assets and cash reserves suggests a period of expansion, likely driven by increased demand for its products. The rise in creditors, however, could indicate challenges in managing cash flow or negotiating favorable payment terms with suppliers. It’s also worth noting that the company’s plant and machinery has remained relatively stable, suggesting limited investment in new equipment.

Registered in England/Wales under the registration number 03989729, with a registered address at PO9 2NJ, Havant, Hampshire, Zullard House, 4 Downley Road.

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