The Electrical Network (scarborough) Limited

The Electrical Network Scarborough Ltd from Scarborough, UK, is a small holding company with an active status, established fifteen years ago. Employing twelve individuals and holding assets valued at £2,059,166, it operates from a real address and is managed by a single director and owner. Google users rate it a perfect 5.0 based on three reviews. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with recent imports recorded two months ago.

The company's core business revolves around the wholesale of electronic and telecommunications equipment and parts, as evidenced by its website. It offers a wide range of products, including interior and exterior lighting, heating, ventilation, CCTV, data, fire security, cable management, wiring accessories, industrial and domestic switchgear, power tools, and testing equipment. It provides design support and tailored solutions for various projects, with branches in Scarborough and Whitby, and a dedicated accounts administration line.

Financially, The Electrical Network Scarborough Ltd presents a mixed picture. Accumulated depreciation on property, plant, and equipment increased by 6%, while amounts owed by related parties grew by 8.8%. The number of employees decreased slightly, by 8.3%. Bank borrowings surged by 33%, and cash reserves saw a dramatic increase of 1400%, reaching £150,000. Creditors decreased by 5.8%, and current assets grew by 4.6%. Despite this, net assets liabilities increased by 1.9%. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increased bank borrowings and decreased employee count are noteworthy. No auditor is mentioned, likely due to its status as a small company.

Registered in England/Wales under the registration number 07069722, with a registered address at YO12 4HA, England, Scarborough, 18-20 Barrys Lane.

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