Shield Electrics Ltd

Shield Electrics Ltd, based in Stockport, UK, is a small, holding company with an active status. Founded five years ago in 2019, it employs just one person and holds £1,070,805 in assets. The company has a real registered address and is managed by a single director and owner. It regularly imports and exports electrical machinery and equipment – 35 months of import activity and 7 months of export activity recorded, with the latest export operation in September 2024.

The company’s website showcases a wide range of electrical products, from consumer units and distribution boards to LED lighting and wiring accessories. It caters to both domestic and industrial installations, with dedicated sections for energy distribution, industrial controls, and wiring accessories. The site also highlights a blog with news and featured products, and a contact form for customer support. It’s clear the company is focused on selling electrical components, with a B2B focus apparent through the product range and technical specifications.

Financially, Shield Electrics Ltd presents a mixed picture. While cash reserves increased by 22% to £630,000, net assets declined by 26% to -£350,000. Creditors increased significantly by 400%, reaching £500,000 after one year, and other creditors also rose by 27% to £810,000. Trade debtors saw a dramatic drop of 74%, falling to £100,000, suggesting improved collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity is a concern. The accounts are unaudited and filed as "Filleted Accounts," meaning they are simplified and rely on director-reported data.

It appears Shield Electrics Ltd is navigating a period of change. The growth in creditors suggests increased borrowing or extended payment terms, while the drop in equity raises questions about profitability. The company's focus on importing and exporting electrical equipment, alongside its online presence, indicates a business that’s adapting to market demands—but whether it can sustain its growth remains to be seen.

Registered in England/Wales under the registration number 12152392, with a registered address at SK1 2AE, England, Stockport, Unit 9-11 Spark Business Park, Hamilton Road.

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