Solutions Electrical (distribution) Limited

Solutions Electrical Distribution Ltd, based in Bristol, UK, is a small, active company established 21 years ago. With four employees and £265,436 in assets, it operates from a real address and is overseen by three directors and two owners. The company regularly imports electrical machinery and equipment, with its last import operation occurring in October 2024.

The company's website is non-existent, so it’s difficult to determine its exact operations beyond what’s stated in the report. It appears to operate within the “other service activities n.e.c.” industry, suggesting a broad range of electrical distribution services.

Financially, Solutions Electrical Distribution Ltd presents a mixed picture. Accumulated depreciation on computer equipment rose by 17%, while furniture fittings saw a 9.6% increase. Cash bank holdings jumped a significant 80% to £66,000, which is good news. However, creditors increased by 21% to £230,000, and equity plummeted 40% to £35,000—a considerable drop. Trade debtors also decreased, which is a positive sign. The company’s small size (meeting two of three criteria for being a small company) helps with agility, but the decline in equity is concerning. The report doesn’t mention an auditor, which is common for small, exempt companies.

Overall, Solutions Electrical Distribution Ltd seems to be navigating a period of change. The increase in cash reserves is encouraging, but the decline in equity suggests the company may be burning through money. The lack of a website and the absence of detailed financial information make it difficult to draw firm conclusions, but the company appears to be holding steady despite these challenges.

Registered in England/Wales under the registration number 04798776, with a registered address at BS36 2AQ, Bristol, South Gloucestershire, 367b Church Road, Frampton Cotterell.

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