Greasley Electronics Limited

Greasley Electronics Ltd from Loughborough UK: a small, active company founded 39 years ago, employs six people, and holds £189,184 in assets. It operates from a virtual address, managed by two directors and two owners, and is a family business with a stellar 5.0 Google rating based on 76 reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in June 2022.

The company specialises in the repair of electrical equipment, offering services ranging from PCB repair to preventative maintenance across various industries, including aerospace and zoology. Its website showcases a comprehensive range of services, including industrial electronic repair, air conditioning controller repairs, and medical equipment repairs. It also has a section for news and testimonials, highlighting its work with veterinary practices and medical electronics. The company doesn’s appear to be an e-commerce business, instead focusing on repair services.

Financially, Greasley Electronics Ltd presents a mixed picture. While cash reserves have increased by a significant 60% to £120,000, net assets have also risen by 24% to £170,000. However, creditors have increased by 25% to £63,000, and bank borrowings have remained steady. The company’s small size—meeting two of three conditions for being considered small—allows for flexibility, but the rise in creditors suggests a need for careful financial management. The company’s accounts are unaudited, as it is exempt as a small company. The increase in administration support employees by 17% could be a sign of growth, but it also could be a sign of increased workload. It's a bit concerning that the depreciation on plant machinery has decreased by 29%.

Registered in England/Wales under the registration number 01968483, with a registered address at LE11 1JR, Loughborough, Leicestershire, 42 Glebe Street.

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