Hub Electronics Limited

Hub Electronics Ltd, based in Hertfordshire, UK, is a small, active company established 24 years ago. With eight employees and £2,605,545 in assets, it's a well-established player in the electrical machinery and equipment sector. The company, founded by a solo entrepreneur, now has two directors overseeing operations and a single owner. It maintains a real address and has been regularly importing and exporting electrical machinery for a considerable time—146 months of imports and 265 months of exports, the latest in February 2025.

Hub Electronics operates primarily as a wholesale supplier of electronic and telecommunications components, catering to diverse markets including defence, aerospace, transport, and medical. Its website showcases a comprehensive range of products, from connectors and cable accessories to pushbuttons, switches, and power supplies, sourced from leading manufacturers. The site also offers design services, assisting clients with custom solutions and product selection. It’s an e-commerce site, but not a pure play; it's more of a catalogue and order-taking platform.

Financially, Hub Electronics presents a mixed picture. While cash reserves increased by 18% to £1.5 million, net assets also rose by 14% to £2.2 million. However, bank borrowings decreased by 58%, and trade debtors increased by 5.8%. Depreciation on motor vehicles increased significantly by 75%, which could indicate investment in new equipment. 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 agility, but the increased depreciation suggests ongoing investment. No auditor is mentioned, consistent with its status as a small company exempt from an audit. The company's continued import and export activity, combined with a growing asset base, suggests it’s a stable, if not rapidly expanding, business.

Registered in England/Wales under the registration number 04168324, with a registered address at EN11 8TA, Hertfordshire, 37a High Street, Hoddesdon.

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