Switchgear Support Limited

Switchgear Support Ltd from Monmouth UK is a small, family-run business with an active status, having been founded 17 years ago. Employing just two people, the company holds £1,621,823 in assets and operates from a virtual address—a point to note, as fifteen companies share this location. With three directors and two owners, the business is a tight-knit operation.

The company’s core business involves the manufacture of electricity distribution and control apparatus. It's a regular exporter of electrical machinery and equipment, with 29 months of export activity recorded, the latest in November 2023. However, it's an irregular importer, bringing in optical and medical tools and devices for just one month, with the last import operation occurring in March 2024.

Financially, Switchgear Support Ltd shows a mixed picture. Current assets increased by 23% to £1,600,000, while net assets rose by 15% to £840,000. Cash reserves grew by 12% to £1,100,000, a positive sign. However, bank borrowings surged by 280% to £8,200, and trade debtors ballooned by 110% to £300,000—suggesting potential issues with customer payments. Creditors also increased significantly, by 33% to £780,000. 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 stay agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s website doesn’t offer much detail beyond its core business. There’s no indication of e-commerce activity or any additional ventures. The focus is clearly on its established role in the electricity distribution and control apparatus industries.

Registered in England/Wales under the registration number 06417058, with a registered address at NP25 5JA, Monmouth, Monmouthshire, Singleton Court Business Park, Wonastow Road.

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