Pmc Electrics Ltd

PMC Electrics Ltd from Bury, UK, is a small, active company founded 23 years ago. With nine employees and £616,250 in assets, it operates from a virtual address—a fact highlighted by the presence of 56 other companies registered at the same location. The business is led by one director and owner, and it runs an e-commerce site. It has a respectable Google rating of 4.0 based on 31 reviews. PMC Electrics regularly imports and exports electrical machinery and equipment, with 32 months of import activity and 43 months of export activity recorded.

The company’s website, PMC Telecom, showcases a wide range of telecommunications equipment, including telephones, headsets, webcams, VoIP phones, and two-way radios. It caters to both home and business users, offering products from brands like Jabra, Poly, and Epos. The site also provides in-depth guides and buyer’s advice, demonstrating a commitment to customer education. It seems to be a well-established online retailer, with a focus on providing expert advice and quality products.

Financially, PMC Electrics Ltd’s report reveals a mixed picture. While current assets increased by 17% to £620,000, net assets only saw a modest 19% increase to £42,000. Bank borrowings increased significantly by 350% to £170,000, and cash reserves plummeted 85% to just £6,900. Trade debtors also rose by 27% to £250,000. The company’s small size (meeting two of three conditions for a small company) means it avoids a full audit, and the figures are unaudited. The decrease in cash reserves, despite increased assets, suggests the company may be reinvesting heavily in its business or facing cash flow challenges. The rise in bank borrowings could be a result of this investment or a response to increased operating expenses. It seems like a solid, if slightly stretched, operation.

Registered in England/Wales under the registration number 04271166, with a registered address at BL9 0DN, Bury, The Exchange, 5 Bank Street.

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