Led Electrical Limited

Led Electrical Wholesalers, based on the Lomeshaye Industrial Estate in Nelson, UK, is a sizable company with an active trading status. Established 31 years ago in 1993, the firm employs 43 people and holds assets valued at £8,338,121. With a yearly revenue of £19,114,110, it’s a significant player in the electrical wholesale sector. The business is structured as a holding company, with four directors and one owner, and has a real registered address.

The company’s primary focus is serving customers with cable, lighting, and distribution, but it also offers solar panel and climate solution products. It operates through several divisions: LED Electrical, LED Solar, LED Climate Solutions, and LED EV, catering to diverse needs from domestic solar systems to electric vehicle charging. The company’s website highlights its commitment to providing a wide range of electrical products and services, including solar PV, heating and ventilation, CCTV and security, and data networking. They also boast a purpose-built 10,000 square foot warehouse.

Financially, Led Electrical Ltd presents a mixed picture. While turnover remained steady at £19,114,110, net assets increased by 9.7% to £5,300,000. However, bank borrowings increased by 40% to £540,000, and cash reserves grew by a substantial 190% to £140,000. Creditors decreased by 11%, suggesting improved debt management. Staff costs increased by 14% to £1,900,000, and administrative expenses rose significantly by 42% to £990,000, potentially reflecting increased operational costs. The company meets the criteria for a large company, having met two of three conditions. The accounts were audited by PM+M Solutions for Business LLP.

The company regularly imports electrical machinery and equipment, with 7 months of import activity recorded. Export activity is less frequent, with just one month of export activity noted. The increase in bank borrowings, coupled with the rise in administrative expenses, may indicate a period of investment or expansion, although the improved cash position offers some reassurance.

Registered in England/Wales under the registration number 02865572, with a registered address at BB9 5SP, Lomeshaye Industrial Estate, Nelson, Electricity House, Kenyon Road.

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