Switchgear Systems Limited

Switchgear Systems Ltd from Leamington Spa UK: a small, active company founded 22 years ago, employs 14 people, and holds £798,114 in assets. It's a family business with four directors and two owners, operating from a virtual address shared by many other companies. Regular importer of electrical machinery and equipment (13 months imported).

The company manufactures and customizes electrical switchgear, stocking items like isolators, switchfuses, and changeover switches. They serve diverse sectors, including data centres, power utilities, and renewable energy, acting as the UK distributor for EFEN GmbH and CONTACTPLASMA S.P.I. Their website showcases a comprehensive product range, including panels, custom section boards, and surge protection devices, all available through their website.

Financially, Switchgear Systems Ltd’s numbers present a mixed picture. Current assets increased by 13% to £800,000, while net assets grew by 13% to £550,000. However, cash bank on hand dropped significantly by 43% to £27,000. Creditors rose by 11% to £250,000, and trade debtors increased by 16% to £480,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves might indicate tighter cash flow management. The company is exempt from an audit, so the financial statements are unaudited.

Registered in England/Wales under the registration number 04690220, with a registered address at CV32 5LA, England, Leamington Spa, 23-25 Waterloo Place, Warwick Street.

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