Jubilee Electronics Limited

Jubilee Electronics Ltd from Worksop UK: a small, family-run company with an active status, has been a fixture in the electronics industry for 48 years. Employing ten people and holding assets of £827,887, the business operates from a real address and is overseen by four directors and three owners. It’s a long-standing operation, incorporated back in June 1976. The company is an irregular importer and exporter of electrical machinery and equipment, with just one month of import activity and two months of export activity recorded.

Specializing in the design, manufacture, and commissioning of electronic systems, Jubilee Electronics caters to a range of industries, including power utilities, military defence, and medical healthcare. Their website highlights a full-service offering, from electronic design and product development to manufacturing and compliance approvals. They pride themselves on a "full turnkey solution" and 40 years of specialist experience. The company's website also showcases a commitment to innovation and a dedication to providing high-quality, high-reliability products.

However, a closer look at the financials reveals some concerning trends. Cash reserves have fallen by 18%, dropping to £610,000, while current assets have also decreased by 15%, settling at £830,000. Equity has taken a significant hit, plummeting 12% to £690,000. Trade debtors have remained relatively stable, but other debtors have seen a dramatic increase of 250%. The company’s small size (meeting two of three conditions for being considered small) helps with agility, but the decline in equity suggests potential financial pressure. While the company is exempt from an audit as a small entity, the figures do rely on unaudited director’s reports. It’s likely the company’s irregular import and export activity is a result of supply chain challenges, and the drop in cash reserves could be a consequence of increased material costs.

Registered in England/Wales under the registration number 01264582, with a registered address at S81 8EU, Worksop, Notts, Jubilee Farm, Blyth.

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