Pickering Electronics Limited

Pickering Electronics Ltd, based in Clacton-on-Sea, UK, is a well-established holding company with a 59-year history. Employing 99 people and boasting assets of £6,757,686, the company operates a real address and is overseen by seven directors and one owner. A key feature is its e-commerce site, complemented by a 5.0 Google rating based on nine reviews. The company is a regular importer and exporter of electrical machinery and equipment, with 223 months of import activity and 309 months of export activity recorded.

The company’s website showcases a diverse range of reed relays, catering to various applications from high-density packaging to high-voltage switching. Pickering Electronics isn't just a distributor; it's a manufacturer, specializing in custom relay designs and offering services like piano restoration through its associated business, Pickering Interfaces. The site is very detailed, with lots of technical information and a dedicated section for resources like application guides and 3D models.

Financially, Pickering Electronics Ltd shows a mixed picture. While current assets remain relatively stable at £6.8 million, accrued liabilities deferred income decreased by 23%, suggesting improved financial instrument management. Dividends paid increased significantly by 170%, reflecting a commitment to shareholder returns. However, amounts owed by group undertakings rose by 110%, potentially indicating increased reliance on inter-company financing. The company's net assets increased by 8.3%, showing a positive trend in overall equity. No auditor is mentioned, which is likely due to the company’s size. The increase in dividends paid could be a sign of confidence in the company's future prospects, but the rise in amounts owed by group undertakings warrants further scrutiny.

Registered in England/Wales under the registration number 00857509, with a registered address at CO15 4NL, England, Clacton-On-Sea, Essex, Pickering, Stephenson Road.

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