Sellectronics Limited

Sellectronics Limited, based in Falmouth, UK, is a small, holding company with an active status. Established fourteen years ago in 2010, it employs thirty people and holds assets totaling £1,082,225. The company operates from a real address and is managed by three directors, with one owner, DeeJay Commercial Ltd. Sellectronics specializes in the manufacture of loaded electronic boards and is a regular importer and exporter of electrical machinery and equipment, with nineteen months of import activity and fifty months of export activity recorded.

The company’s website highlights its contract electronics manufacturing services, catering to sectors like aerospace, marine, medical, and defense. They offer PCB assembly, prototyping, and full product box build services, emphasizing reliability and quality. Their capabilities include AOI inspection and a range of certifications, including AS9100D and ISO 9001. The website also showcases their expertise in space heritage and provides testimonials from satisfied customers.

Financially, Sellectronics Limited presents a mixed picture. Current assets have decreased by 29%, falling to £1,100,000, while net assets have also declined by 24%, reaching £980,000. Bank borrowings have significantly reduced by 62%, settling at £130,000, and cash reserves have decreased by 69%, leaving £100,000. Creditors, however, have fallen by 57%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned likely means the accounts are unaudited, relying on director-reported data.

The reduction in cash reserves and the decline in net assets are concerning, but the decrease in creditors indicates a possible effort to streamline finances. It seems Sellectronics is navigating a period of adjustment, balancing its established manufacturing capabilities with the pressures of a competitive market.

Registered in England/Wales under the registration number 07315156, with a registered address at TR11 4FZ, United Kingdom, Falmouth, Cornwall, Unit C1-C2 Church View Business Park, Bickland Water Road.

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