Pal Electrical Wholesale Limited

Pal Electrical Wholesale Ltd, based in Tewkesbury, UK, is a small, active company established 35 years ago. With two employees and £419,210 in assets, it's a long-standing business led by three directors and a solo founder, Sally Doughty. The company holds a modest 1.0 Google rating from a single review. It regularly imports optical and medical tools and devices (four months of activity) and exports electrical machinery and equipment (an impressive 420 months of activity).

The company operates in the wholesale of electronic and telecommunications equipment and parts industries. While no website is available to analyse, the business likely serves a B2B customer base, supplying electrical components and machinery.

Financially, Pal Electrical Wholesale Ltd shows some concerning trends. Accumulated depreciation on property, plant, and equipment has increased significantly, rising by 120%, suggesting aging assets. Cash bank on hand has fallen by nearly 30%, dropping to £160,000, and creditors have increased by 27%, reaching £120,000. However, current assets have seen a slight increase of 4.9%, and trade debtors have jumped by a substantial 96%, which could indicate delayed payments from customers. Equity has decreased slightly, falling by 1.6%. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the drop in cash reserves and increase in creditors warrants attention. No auditor is mentioned, which is common for small, exempt companies.

Despite these challenges, Pal Electrical Wholesale Ltd’s long history of exports suggests a resilient business model. The company's ability to maintain a significant export presence over 34 years, despite the financial pressures, is a testament to its established customer base and reliable supply chain.

Registered in England/Wales under the registration number 02426413, with a registered address at GL20 8HB, Tewkesbury, Gloucestershire, Unit 5c Delta Drive.

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