Uk Best Electricals Ltd

Uk Best Electricals Ltd is a private limited company registered in England/Wales with the registration number 10910885. The company was founded seven years ago on August 11, 2017, and registered at HA9 8HB, England, Wembley, 72 Wembley Park Drive. The address is probably virtual as 125 companies registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, Best Electric, positions itself as a leading UK online supplier of electrical products. They focus on providing high quality, energy efficient products for both domestic and commercial applications. The site highlights a range of energy efficient electric radiators, heaters, and LED lighting, alongside a growing interest in the electric car market. They even offer advice and tips for potential electric car buyers. Best Electric also runs separate websites for Best Electric Radiators, Best LED Lighting, and Best Electric Cars, each focusing on a specific product area. It’s a busy operation, with a physical office located in Knaresborough, North Yorkshire.

Financially, Uk Best Electricals Ltd is showing some concerning trends. Cash reserves have remained steady at £13,000, but equity has been in the negative, sitting at -£30,000. Creditors and other taxation social security payable have also remained steady at £43,000. 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 stay agile, but the negative equity suggests a need to carefully manage expenses. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company has published commitment to U K effective stewardship code, but it is false.

In short, Uk Best Electricals Ltd is holding steady, but facing pressures. The diverse range of electrical products and online presence suggest a strong market position, but the negative equity raises questions about long-term sustainability.

Registered in England/Wales under the registration number 10910885, with a registered address at HA9 8HB, England, Wembley, 72 Wembley Park Drive.

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