Mellor Electrics Limited

Mellor Electrics Ltd from Blackburn UK: a small, holding company with an active status, has been a fixture in the electrical machinery sector for 60 years. Founded in 1964, the company employs 75 people and holds assets worth £2,777,608. It operates from a real address and is overseen by three directors and one owner. Mellor Electrics is a regular importer and exporter of electrical machinery and equipment, with 145 months of import activity and 200 months of export activity recorded.

The company’s website highlights Mellor Electrics as a manufacturer of AC, DC motors, gearmotors, and brushless drives. It serves clients across North America, Australia, and Japan, emphasizing reliability, consistency, and accuracy. The business operates from a 2,600 square meter factory, offering stock holding and kanban facilities. Mellor Electrics holds ISO9001 certification and is a UL recognised manufacturer, catering to vending machines, pellet burning stoves, pumps, and scientific equipment, among other applications. The website also showcases a range of motor gearbox units, with options for custom shaft lengths and diameters.

Financially, Mellor Electrics Ltd presents a mixed picture. Current assets have fallen by 40% to £2.8 million, while net assets have decreased by 5.1% to £2.9 million. Bank borrowings have disappeared completely, a positive sign, but cash reserves have increased significantly, rising by 380% to £460,000. Trade debtors have plummeted by 70%, suggesting improved collection efforts, but creditors have also decreased substantially, by 88%, which could indicate stretched payment terms. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit. Average employees have decreased significantly, from 75 to 56, which is a concerning trend. The company’s unaudited financial statements rely on director-reported data.

Overall, Mellor Electrics Ltd appears to be navigating a period of change. While the company's financial position is not dire, the decrease in employees and the significant drop in assets should be monitored closely. The company’s focus on quality and customer service, combined with its established reputation, should help it weather these challenges, but it's important to keep an eye on its performance in the coming months.

Registered in England/Wales under the registration number 00822026, with a registered address at Blackburn, Lancashire Bb1 2nw., Sett End Road, Shadsworth Industrial Estate.

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