Quasar Electronics Limited

Quasar Electronics Ltd from Bishops Stortford UK is a small, active company founded 24 years ago in 2000. With just two employees and £91,138 in assets, it operates from a virtual address – ten companies registered at the same location – and is a family business run by a solo founder and two directors. The company regularly imports electrical machinery and equipment (9 months, last import in November 2024) but exports irregularly (1 month, last export in December 2021).

The company’s website, quasarelectronics.co.uk, showcases a vast selection of electronic kits, modules, and projects, catering to hobbyists, educators, and industrial users. It’s a UK superstore with over 1000 circuit designs, offering everything from audio amplifier kits to microcontroller tools and test equipment. The site emphasizes a wide range of brands like Velleman, Cebek, and Quasar, and even provides support and documentation for its products. It’s clear they’re targeting a diverse market, from beginners to experienced electronics enthusiasts.

Financially, Quasar Electronics Ltd’s recent performance presents a mixed picture. Creditors decreased by 62%, which is a good sign, but cash bank on hand only grew by 1%, to £12,000. Trade debtors increased significantly, by 34%, reaching £12,000, which could indicate delayed customer payments. Other inventories decreased by 2.8%, to £68,000. The company’s small size (meeting two of three conditions for being classified as small) means it's likely exempt from an audit, and the figures are unaudited.

Overall, Quasar Electronics Ltd seems to be holding its own, but the increase in debtors and slight growth in cash suggest they need to keep a close eye on their cash flow. Their online presence and wide product range, however, provide a solid foundation for continued operation.

Registered in England/Wales under the registration number 04056125, with a registered address at CM23 3AR, Bishops Stortford, Herts, 5 Ducketts Wharf, South Street.

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