Timestep Electronics Limited

Timestep Electronics Limited, based in Dartmouth, UK, is a small, active company established 28 years ago in 1996. With a single employee and two directors, it's a solo-founded operation led by Cawley David John. The company holds a respectable Google rating of 4.0 based on seven reviews. It regularly imports electrical machinery and equipment, with its last import activity recorded four months ago, and has exported “none” for 16 months.

The company's website showcases a diverse range of activities. Primarily, it imports and sells Miyajima cartridges and Glanze tonearms, and previously produced its own Hi-Fi products like the Technics EVO turntable and various PSUs. Currently, it specializes in archival and restoration products for 78rpm records and cylinders, serving clients like The New York Public Library. It also offers advice and support for amateur radio enthusiasts, particularly those returning to the hobby, and even operates as a Yaesu dealer since 1991. Legacy products and satellite-related ventures are listed for informational purposes only.

Financially, Timestep Electronics Limited presents a mixed picture. Cash reserves have significantly increased by 110% to £17,000, while creditors have surged by 160% to £10,000. Debtors, however, have decreased by 16%, and equity has fallen by 24% to £32,000. 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 remain nimble, but the decline in equity suggests potential financial strain. The company’s property, plant, and equipment has also increased by 67%, which could be a result of increased stock levels. With no auditor mentioned, the financial statements are unaudited. The company’s net assets have fallen by 24% to £32,000, which is a concerning trend.

Registered in England/Wales under the registration number 03243508, with a registered address at TQ6 9HN, Dartmouth, Viewpoint House, Yorke Road.

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