Luso Electronic Products Limited

Luso Electronic Products Ltd, a large company based in London, UK, has been operating for 58 years, founded back in 1967. With 24 employees and a substantial £9.4 million in assets, the firm generated £15.9 million in revenue last year. The company, which has three directors and a single owner, maintains a real address and boasts a stellar 5.0 Google rating from two reviews. It’s a regular importer and exporter of electrical machinery and equipment, with a long history of 1130 months of imports and 1037 months of exports.

The company’s website reveals a multifaceted business. Luso Electronics operates across three divisions: Services, Distribution, and Microwave. The Services division focuses on supply chain management, distribution networks, and maintenance. The Distribution arm represents manufacturers of power supplies and associated electronic components. Finally, the Microwave division installs communications systems worldwide, with all manufacturing done in-house. They work with a range of manufacturers, including A.T. Wall Company and Delta Electronics. Their markets span automotive, communications, industrial, medical, military, and more.

Recent financial data paints a mixed picture. While turnover remained steady at £16 million, net assets declined by 6%, settling at £5.7 million. Cash reserves took a significant hit, dropping 33% to £670,000. Bank borrowings increased by 15%, reaching £460,000. Despite these challenges, creditors decreased slightly, suggesting improved debt management. The company’s auditor, Pers & Co London LLP, hasn’t reported any issues.

It’s clear that Luso Electronic Products Ltd is navigating a changing economic landscape. The company’s diverse operations—from distribution to microwave installations—offer resilience, but the decline in cash reserves warrants attention. The continued reliance on a single owner, while efficient, could also present a vulnerability in the long run.

Registered in England/Wales under the registration number 00895822, with a registered address at EC2M 5QQ, England, London, 595 Salisbury House, London Wall.

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