Pektron Group Limited

Pektron Group Limited, based in Derby, UK, is a well-established holding company with a 60-year history, currently employing 324 people and holding assets valued at £87,625,727. The company, a family business with five directors and three owners, maintains a real address and boasts a respectable Google rating of 4.0 based on six reviews. It's a regular importer of electrical machinery and equipment (1235 months) and exports optical and medical tools and devices (69 months).

The company’s website highlights its expertise in electronics design, validation, and manufacturing for a range of sectors including automotive, electric vehicles, and construction. Pektron offers bespoke solutions, from security electronics for electric vehicles to safety systems for firefighting equipment, emphasizing innovation, cost-effectiveness, and reliability. They even have their own injection moulding and testing validation facilities, including the UK’s largest privately owned EMC chamber. A Queen's Award for International Trade recognizes their success in expanding into overseas markets.

Financially, Pektron Group Limited shows a mixed picture. Cash bank holdings increased significantly by 19%, reaching £70 million, which is a positive sign. However, net losses widened to £4.7 million, a considerable drop from the previous year. Bank borrowings increased by 110%, reaching £9.8 million, and deferred tax liabilities decreased by 7.1%. Trade debtors decreased, suggesting better management of customer payments. The company's continued investment in fixed assets, despite a 22% decrease, indicates a commitment to its manufacturing capabilities. The financial statements were audited by PKF Smith Cooper Audit Limited.

While the company's long history and diverse client base demonstrate resilience, the increased losses and higher borrowings suggest potential financial pressures. The continued investment in facilities, however, points towards a strategy of maintaining a competitive edge in the electronics manufacturing sector.

Registered in England/Wales under the registration number 00823259, with a registered address at DE21 4AP, England, Derby, Pektron, Alfreton Road.

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