Hi 5 Electronics Ltd.
- Active
- Small
- Holding
- 26 years
- 16 employees
- £487,110 (assets)
- Regular importer
- Regular exporter
- Real address
- 3 directors
- 2 owners
- Rochdale
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Hi 5 Electronics Ltd, based in Rochdale, UK, is a small, holding company with an active status. Established 25 years ago in 1999, the company employs 16 people and holds £487,110 in assets. With three directors and two owners, it operates from a real address and regularly imports and exports electrical machinery and equipment—29 months of import activity and 3 months of export activity, the latest being August 2023.
The company's website reveals a focus on PCB (Printed Circuit Board) fabrication, assembly, design, and testing. It operates an online PCB prototype shop, catering to customers seeking fast turnaround times. Hi 5 Electronics positions itself as a UK-based manufacturer, offering services from initial design to volume production, partnering with overseas manufacturers for larger-scale orders. The website also highlights its ability to handle complex designs and offers a range of services, including component sourcing, mechanical assembly, and cable assembly.
Financially, Hi 5 Electronics Ltd presents a mixed picture. While cash bank on hand increased dramatically—a 41,000% jump to £51,000—other areas show strain. Net assets decreased by 4.3% to -£90,000, and bank borrowings increased by 260% to £67,000. Trade creditors also decreased significantly, by 77%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for companies in this size category.
The sharp increase in bank borrowings, despite the improved cash position, suggests the company may be investing in growth or facing increased operating expenses. The decrease in net assets, however, warrants further investigation. Overall, Hi 5 Electronics Ltd appears to be a resilient, albeit financially challenged, player in the UK PCB manufacturing sector.
Registered in England/Wales under the registration number 03804588, with a registered address at OL11 2NU, England, Rochdale, Hi5 Sherwood Industrial Park, Queensway.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Quadra Solutions Uk Ltd
- 3 years
- 50%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- 3 years
- 2
-
Resident of United Kingdom
-
Individual
- 26 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Total exemption full accounts made up to 2024-07-31Download 10 pages pdf report
-
Confirmation statement made on 2025-02-16 with updatesDownload 4 pages pdf report
-
Director's details changed for Mr Craig Southern on 2025-01-23Download 2 pages pdf report
Importer profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last imported products
Click on items to see detailed UK statistics on HS code, including companies list.
Exporter profile by HS codes
Click on the map to see detailed UK statistics on HS code, including companies list.
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
FAQ about Hi 5 Electronics Ltd.
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!