Itel Electronics Limited

Itel Electronics Ltd from Swindon UK: a small, active company founded 28 years ago, employs 47 people, and holds £3,368,377 in assets. It’s a family business with five directors and two owners, boasting a perfect 5.0 Google rating from 22 reviews. The company regularly imports and exports electrical machinery and equipment, with a long history of 57 months of imports and 5 months of exports.

Based in the UK, Itel Electronics specialises in designing and manufacturing high-performance cable harnesses and electromechanical boxes since 1991. As a family-owned business, it caters to aerospace, space, defence, and commercial applications, holding certifications like AS9100 and ISO9001. The company’s website highlights its commitment to quality, reliability, and flexibility, offering services from new designs to build-to-print solutions. Itel Electronics also emphasizes its knowledge, dependability, and capability, with a dedicated team focused on delivering a first-class customer experience.

Financially, Itel Electronics shows a generally positive trend. Current assets increased by 20% to £3,400,000, while net assets grew 13% to £3,700,000. Cash reserves saw a healthy 26% increase to £1,500,000. However, creditors jumped significantly by 85% to £770,000—a potential sign of increased investment or perhaps some short-term financing needs. Debtors decreased by 21%, which is a good sign for cashflow. 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 it to remain agile. With no auditor mentioned, the figures are unaudited, but the overall picture suggests a stable and growing business.

Registered in England/Wales under the registration number 03368428, with a registered address at SN3 3RB, England, Swindon, Unit 1, Warwick House Edison Park,, Hindle Way.

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