Schweizer Electronic Limited

Schweizer Electronic Limited, based in Tamworth, UK, is a small holding company with an active status, established 20 years ago. The company employs five people and holds assets totaling £1,847,850. With two directors and two owners, it operates from a real address and has been importing electrical machinery and equipment regularly for 75 months, with the most recent import occurring in June 2024. It has also engaged in irregular exports of furniture, lighting, and prefabricated buildings, with the last export taking place in June 2023.

The company's website reveals a much broader scope of operations than initially apparent. Schweizer Electronic AG, the parent company, specializes in railway safety technology, offering solutions like warning systems for construction sites and railway crossings, as well as automated train control systems. It boasts a history spanning decades, with a focus on innovation and digital transformation within the rail industry. The website details a range of products and services, including centralized warning group control centers, manual switch systems, and various warning devices. It even highlights a "Swissrail Mobility Day" event, showcasing its commitment to industry collaboration.

Financially, Schweizer Electronic Limited’s picture is complex. While current assets increased by 32% to £1.8 million, net assets declined by 16% to -£1.3 million. Bank overdrafts remained steady, but cash reserves fell by 11% to £390,000. Trade debtors rose significantly by 64%, suggesting potential challenges in collecting payments, while creditors also increased, though at a smaller rate. The company’s property, plant, and equipment saw a dramatic increase of 680%, which may be due to investments in new equipment or infrastructure. Despite these fluctuations, the company's small size—meeting two of three criteria for being classified as small—allows for agility. The accounts have been audited by Xeinadin Audit Ltd.

Overall, Schweizer Electronic Limited appears to be navigating a period of investment and change. While the negative equity is concerning, the company’s diverse range of products and services, combined with its parent company’s established reputation, suggests potential for future growth. The increase in property, plant, and equipment may indicate a strategic move to expand its capabilities and meet the evolving demands of the railway safety market.

Registered in England/Wales under the registration number 05426030, with a registered address at B77 5DQ, England, Tamworth, Unit 3 Falcon Park Claymore, Wilnecote.

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