Kelvelec Electrical Supplies Ltd

Kelvelec Electrical Supplies Ltd from Chelmsford UK is a small, active company founded 22 years ago. With 11 employees and £2,009,092 in assets, it operates from a virtual address, a detail that’s a bit unusual given that seventy-six other companies are registered at the same location. Five directors and two owners manage the business, which currently holds a perfect 5.0 Google rating based on a single review. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of December 01, 2024.

Kelvelec Electrical Supplies Ltd operates as a wholesaler, offering a wide range of electrical components and products through its website. The site functions primarily as an e-commerce platform, showcasing products like circuit protection devices, distribution boards, surge protection, and EV chargers. It’s not a marketplace; rather, it’s a direct sales channel for the company’s own inventory. The site prominently features brands like Eaton, Memshield, Ohme, Ratio EV, and Pod Point, indicating partnerships with established manufacturers. While the site doesn't offer a blog or extensive content marketing, it does provide technical information and product specifications, catering to a professional audience.

Financially, Kelvelec Electrical Supplies Ltd demonstrates a mixed picture. Current assets increased by 16% to £2,000,000, while net assets remained relatively stable at £270,000. Bank borrowings decreased by 29%, reaching £200,000, and cash reserves saw a significant jump of 1600%, rising to £3,200. Creditors increased by 21%, reaching £1,600,000, and trade debtors rose by 24%, reaching £1,100,000. 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 rise in trade debtors could indicate potential cash flow challenges. As a small company, it’s likely exempt from an audit, so the figures are unaudited.

Overall, Kelvelec Electrical Supplies Ltd appears to be a steady, albeit small, player in the electrical wholesale market. While the company’s virtual address and single Google review raise some questions, its range of products and established partnerships suggest a viable business model.

Registered in England/Wales under the registration number 04694419, with a registered address at CM1 3WT, United Kingdom, Chelmsford, Essex, Beckwith Barn Warren Estate, Lordship Road.

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