Purbeck Electronics Ltd

Purbeck Electronics Ltd, located in Poundbury, UK, is a small, holding company with an active status. Founded nine years ago in 08 October 2015, it employs 30 people and holds £229,682 in assets. The company operates with two directors and a single owner, and its registered address is real, with only six companies registered there. Purbeck Electronics regularly imports electrical machinery and equipment (four months of imports, last in December 2022) and exports optical and medical tools and devices (twenty-five months of exports, last in March 2021).

The company's website showcases its role as a contract electronic manufacturer (CEM), specializing in PCB assemblies. It emphasizes a skilled, communicative team dedicated to delivering products on time, to high quality, and at a competitive price. Purbeck Electronics offers both free-issue PCB assembly and full turnkey services, with capabilities including surface mount, thruhole, prototyping, and materials purchase. The website also highlights certifications like ISO 9001 and mentions Squarespace as the platform powering the site.

Looking at the financials, Purbeck Electronics Ltd shows some concerning trends. While average employees decreased by 30% to 21, cash reserves plummeted 97% to a mere £650. Net assets also took a hit, dropping 66% to £72,000. Borrowings surged, and trade debtors increased significantly, suggesting potential payment issues. On the brighter side, creditors decreased, indicating improved debt management. The company qualifies as a small business, meeting two out of three criteria, which allows it to avoid a full audit, relying instead on unaudited accounts. The company’s net losses deepened, and bank borrowings increased, suggesting a need to manage cash flow carefully. The company's single director maintains an interest-free loan account, which is repayable on demand.

Registered in England/Wales under the registration number 09816034, with a registered address at DT1 3QY, England, Poundbury, Dorset, Mey House, Bridport Road.

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