South Woodford Electronics Limited

South Woodford Electronics Ltd, based on Southmill Road in Hertfordshire, UK, is a small, active company celebrating its 50th anniversary this year. Founded in 1975, it employs 14 people and holds assets totaling £392,472. With four directors and one owner, the company operates from a real address and has a history of importing electrical machinery and equipment, with the latest activity recorded just last month.

The company’s website highlights its expertise in cable assembly and related services, catering to a diverse range of industries including automotive, medical, and defense. They offer services like crimping, testing, and PCB assembly, and even boast a through-hole soldering service for various build volumes. Their clients include major manufacturers and global suppliers, and they have a showroom in Harrods, London.

Financially, South Woodford Electronics Ltd shows some concerning trends. Current assets have decreased by 20% to £390,000, and net assets have fallen by 8.7% to £320,000. Cash reserves, however, have increased by a substantial 95% to £56,000. Creditors have also decreased by 44%, which is a positive sign. The company’s small size (meeting two of three criteria for being classified as small) helps it remain flexible, but the decline in equity could indicate some financial pressures. As a small company, it’s likely exempt from an audit, so these figures are unaudited.

It seems like the company is holding steady, but the decline in equity is something to keep an eye on.

Registered in England/Wales under the registration number 01203430, with a registered address at CM23 3DY, Southmill Road, Hertfordshire, Unit 5, Southmill Trading Centre.

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