Pickering Interfaces Limited

Pickering Interfaces Ltd, based in Clacton-on-Sea, UK, is a holding company with a long history, having been active for 53 years. Employing 107 people, the company holds assets worth £19,382,831. It’s managed by six directors and has one owner, although this ownership isn't exhaustive as it only reflects those with over 25% shares. The company regularly imports and exports electrical machinery and equipment, with 333 months of import activity and 549 months of export activity recorded.

The company’s core business revolves around designing and manufacturing high-performance switching and simulation products for test and measurement applications. Its website showcases a vast range of PXI, LXI, USB, and PCI switching modules, simulation software, and connectivity solutions, catering to industries like aerospace, automotive, and semiconductor testing. It's clear they're focused on providing hardware and software tools for electronic test verification systems. They even offer a Microwave Switch Design Tool to simplify system design.

Financially, Pickering Interfaces Ltd shows some interesting trends. Accrued liabilities and deferred income have increased significantly by 87%, while cash bank on hand has grown by 27% to £3.7 million. However, comprehensive income and profit loss have fallen by 54%, suggesting reduced profitability despite increased cash reserves. Bank borrowings have also decreased, indicating improved debt management. The company’s fixed assets have increased by 31%, which could be due to investment in new equipment or facilities.

The company’s dividend policy shows a significant increase of 130%, which could be a positive sign for shareholders. The company’s net assets have increased by 36% to £20 million, which is a good indicator of financial health. The lack of a named auditor in the report suggests the company is likely exempt from full auditing requirements due to its size. Overall, Pickering Interfaces Ltd appears to be a stable, established company, although the decrease in profitability warrants further investigation.

Registered in England/Wales under the registration number 01029133, with a registered address at CO15 4NL, United Kingdom, 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.