Tr - Electronic Limited

Tr Electronic Ltd, based in Coventry, UK, is a small, family-run business with an active status. Founded 26 years ago in 1998, it employs just two people and holds £341,777 in assets. Operating from a virtual address, the company is managed by one director and owned by two individuals – Tessari Claudia and Tessari Claus. It’s a regular importer and exporter of optical and medical tools and devices, with 25 months of import activity and 5 months of export activity recorded, the latest being February 2022.

The company’s website, trelectronic.co.uk, showcases a focus on rotary encoders, linear encoders, and drives for automation technology. It caters to industries like logistics, paper, printing, metalworking, and renewable energies, offering not just components but also customized control technology and industrial PCs. The site highlights a range of applications, from storage and logistics to event technology, and includes news updates about new products and technologies. It's clear that Tr Electronic Ltd is targeting a niche market of industrial automation.

Financially, Tr Electronic Ltd’s recent performance presents a mixed picture. While cash reserves decreased by 60% to £190,000, net assets increased by 37% to £260,000. Creditors dropped significantly by 71% to £120,000, which could indicate improved debt management. However, bank borrowings surged by 90% to £28,000, and debtors increased by 33% to £90,000, suggesting a reliance on customer payments. 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 it to remain flexible, but the increase in borrowings warrants close attention. The accounts are unaudited, and no auditor is mentioned.

Overall, Tr Electronic Ltd appears to be a stable, albeit somewhat cash-constrained, business. The focus on specialized components and its family-run nature likely contribute to its longevity, but the recent financial trends suggest a need for careful monitoring and potentially, a reevaluation of its working capital management.

Registered in England/Wales under the registration number 03587584, with a registered address at CV1 1EJ, England, Coventry, Holt Court 2nd Floor, 16 Warwick Row.

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