Transonics Plc

Transonics Plc, based in Hemel Hempstead, UK, is a sizable holding company with an active status, having operated for 48 years. Employing 36 people and boasting assets of £7,108,167, the company generated £10,866,395 in revenue last year. With four directors and one owner, and a real address registered, Transonics Plc is a regular importer and exporter of electrical machinery and equipment, with 2173 months of import activity and 452 months of export activity recorded.

The company operates as an electronic components supplier, offering custom design solutions. Its website highlights a range of services, including custom power supplies, cable assembly, and PCB services. Transonics PLC also distributes products from brands like Hongfa, Zettler, and Golten. The site even features news and articles, including employee recognition and certification achievements, demonstrating a focus on quality and innovation.

Financially, Transonics Plc presents a mixed picture. While turnover remained steady at around £10 million, net assets decreased significantly by 13% to £5.6 million. Cash reserves experienced a sharp decline, plummeting 57% to £1.1 million. Bank borrowings increased by 100%, reaching £250,000, and trade debtors rose by 44%, suggesting potential issues with customer payments. Despite these challenges, creditors decreased by 15%, indicating improved debt management. The company’s size (meeting two of three criteria for a large company) allows for flexibility, but the decline in equity warrants closer examination. The financial statements are unaudited, and no auditor is mentioned, reflecting its status as a smaller entity.

Overall, Transonics Plc appears to be navigating a period of change, with a focus on maintaining its position in the electronic components market while addressing financial pressures.

Registered in England/Wales under the registration number 01280694, with a registered address at HP2 7SS, England, Hemel Hempstead, Hertfordshire, Ata House, Boundary Way.

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