Stan Electronics Ltd

Stan Electronics Ltd is a small, active company based in Bolton, UK, founded seven years ago in 2017. With just one employee and £8,920 in assets, it’s a lean operation run by a single director and owner. The company operates in the wholesale of radio, television goods, and electrical household appliances, as well as electronic and telecommunications equipment, and also engages in retail sales via mail order and internet, and packaging activities. It has a real registered address, and is registered with one company at the same address.

The company's website is non-existent, so it’s difficult to determine the extent of its e-commerce activities. It appears to be a wholesale and distribution business, rather than a direct-to-consumer retailer. Without a website, it’s likely that the company relies on business-to-business sales and partnerships.

Financially, Stan Electronics Ltd presents a mixed picture. While net assets increased by 20% to £12,000, current assets remained constant at £8,900. Cash bank on hand also increased slightly, rising by 1.4% to £2,000. However, creditors increased by 29%, reaching £6,700, suggesting a greater reliance on short-term borrowing. Trade debtors decreased by 18%, which could be a positive sign of improved cash flow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in creditors is something to watch. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company's retained earnings accumulated losses increased by 20% to £12,000. This could be a sign of improved profitability, or it could be due to a reduction in expenses. It's difficult to say for sure without more information. The company’s director acknowledges her responsibilities under the Companies Act.

Registered in England/Wales under the registration number 10920420, with a registered address at BL3 6NR, United Kingdom, Bolton, Lancashire, Unit 5 St Marks Workshops, St Marks Street.

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