Transys Electronics Limited

Transys Electronics Ltd from Birmingham UK: a small holding company with an active status, was founded 26 years ago. It employs 10 people and holds £602,412 in assets, operating from a real address. The company is led by three directors and has one owner. Transys Electronics is a regular importer and exporter of electrical machinery and equipment, with 99 months of import activity and 44 months of export activity.

It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company operates in the other business support service activities n.e.c. industries. It’s a regular importer, with its top import category being Electrical machinery and equipment, totaling 99 months of imports. The company is a regular exporter, with its top export categories including Electrical machinery and equipment, totaling 44 of months exports.

A review of the company’s financials reveals a mixed picture. Cash bank on hand decreased by 23%, falling to £47,000. Trade debtors saw a dramatic decline, dropping 58% to £70,000. However, current assets increased by 27%, reaching £600,000, and creditors rose by 51%, reaching £270,000. Bank borrowings also increased significantly, surging 86% to £110,000. The company’s net assets increased by 9.5%, reaching £640,000.

The sharp increase in bank borrowings, combined with the decrease in cash reserves, suggests that Transys Electronics may be relying more on external financing to manage its operations. The increase in creditors could indicate that the company is extending payment terms with its suppliers, or it could be struggling to pay its bills on time. The increase in current assets, however, is a positive sign, suggesting that the company is generating more sales. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 03714275, with a registered address at B46 1HE, Birmingham, West Midlands, Unit 3 Forge Mills Park Station Road, Coleshill.

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