Glanford Electronics Limited

Glanford Electronics Ltd from Scunthorpe UK is a small, active company founded 31 years ago. With six employees and £786,574 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports optical and medical tools and devices—spanning 11 months of activity—but has only exported sporadically, with just one month of activity recorded as of November 2017.

The company’s website, Glanford Electronics, positions itself as a specialist in test equipment sales, calibration, and repairs. It offers a wide range of products, from anemometers and multimeters to gas detectors and radio communication equipment, catering to various industries. The site also highlights its calibration and certification services, along with a clearance section for new old stock items. It even offers radio communications equipment, with brands like Motorola and Kenwood.

Financially, Glanford Electronics Ltd presents a mixed picture. Current assets have increased by 8.3% to £790,000, while net assets have risen by 12% to £750,000—a positive trend. However, bank borrowings have increased significantly, reaching £29,000, and cash reserves have fallen 30% to £28,000. Trade debtors have also increased by 44%, which could indicate delayed customer payments. 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 for flexibility, but the increased borrowings and rising debtors warrant closer monitoring. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Glanford Electronics Ltd seems to be holding its own, though increased debt and rising debtors are something to keep an eye on. The company's diverse product range and focus on calibration services suggest a stable business model, but the financial data suggests it’s navigating some challenges.

Registered in England/Wales under the registration number 02860780, with a registered address at DN15 8NJ, Scunthorpe, North Lincolnshire, Glanford House Exmoor Avenue, Skippingdale Business Park.

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