Industrial Encoders Direct Limited

Industrial Encoders Direct Ltd from Wrexham, UK, is a small, active company established 27 years ago. With nine employees and £338,599 in assets, this family business operates from a virtual address, managed by three directors and two owners. The company regularly exports optical and medical tools and devices (61 months), but imports them irregularly (1 month).

The company's website showcases a comprehensive range of encoder solutions for various industrial applications, including standard, heavy-duty, food industry, petrochemical, offshore, and hazardous area environments. They are a distributor of linear, incremental, absolute, and hollow shaft rotary encoders, offering emergency repairs and bespoke solutions. The website emphasizes expertise and a wide selection, even offering encoder equivalents and repair services. They supply brands like BEC, Eltra, and Fanuc.

Financially, Industrial Encoders Direct Ltd shows some interesting trends. Property, plant, and equipment decreased by 24%, while cash reserves fell 30% to £28,000. Bank borrowings increased significantly, reaching £29,000. Creditors decreased by 30%, suggesting improved debt management. The company meets two of the three criteria to be considered a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit.

The company’s focus on specialized encoder solutions and repair services, coupled with its online presence, suggests a niche market strategy. The financial data, however, indicates a need for careful management of cash flow and debt.

Registered in England/Wales under the registration number 03427825, with a registered address at LL13 7YT, Wales, Wrexham, Unit 10 Edison Court Ellice Way, Wrexham Technology Park.

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