K L H Electronics Plc

K L H Electronics Plc, based in Southport, UK, is a sizable holding company with an active status, having operated for 27 years. Employing 15 people, the company holds assets worth £2,738,026 and generates a yearly revenue of £4,088,308. It’s a real address, with three directors and one owner, and enjoys a stellar 5.0 Google rating from five reviews. The company regularly imports electrical machinery and equipment, with 110 months of import activity recorded.

The company's website, KLH Group, is coming soon, promising to showcase their capabilities in PCB, LED assembly, and contract electronic manufacturing. They’re seeking to highlight their expertise in these areas and invite inquiries.

Financially, K L H Electronics Plc presents a mixed picture. While turnover increased by 9.8% to £4.1 million, net assets remained relatively flat. However, cash reserves declined significantly by 61%, dropping to -£170,000. Bank borrowings increased by 32%, reaching £170,000, and creditors rose by 37%, reaching £490,000. Trade debtors also increased substantially, suggesting potential challenges in collecting payments. Despite these pressures, the company’s focus on high-value electronics manufacturing and contract services could provide a buffer. The auditor, Stubbs Parkin Limited, has given an unqualified opinion, suggesting the financial statements give a true and fair view. The company's size (meeting two of three criteria for being large) indicates a solid base, but the declining cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 03534954, with a registered address at PR8 4ZZ, Southport, Merseyside, Southport Business Park, Wight Moss Way.

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