Smart Electronics Ltd

Smart Electronics Ltd, based in Durham, UK, is a small, active company founded eleven years ago in 2013. Employing ten people and boasting £5,511,285 in assets, it operates from a virtual address – nineteen other companies are registered at the same location – and is managed by a single director and owner. The company regularly imports and exports electrical machinery and equipment, with 32 months of import activity and 10 months of export activity recorded.

The company’s website reveals it’s a contract electronics manufacturer (CEM), providing tailored solutions for manufacturing needs, from prototyping to volume production. It specializes in PCB assembly, box build, and medical device manufacturing, catering to customers seeking fast-track prototyping and full-turnkey services. The website highlights its high-tech plant near Shannon Airport and its commitment to quality, investing in the latest technologies and supply chain management.

Financially, Smart Electronics Ltd shows some interesting trends. Cash reserves decreased by 2.7% to £5,200,000, while current assets dropped 10% to £5,500,000. Trade debtors plummeted by 59%, suggesting a significant reduction in outstanding customer payments, and creditors decreased by 26%. Net assets, however, increased by 1.5% to £3,600,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decrease in debtors might indicate some financial pressure. The company is exempt from an audit, so the figures are unaudited.

The company's focus on contract manufacturing and its investment in equipment suggest a business trying to grow and adapt to market demands. It's clear that Smart Electronics Ltd is a key player in the electronics industry, but whether it can maintain its growth trajectory remains to be seen.

Registered in England/Wales under the registration number 08776568, with a registered address at DH1 1TW, England, Durham, Bede House, 3 Belmont Business Park.

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