U.k. Electronics Limited

Uk Electronics Limited, based in Royton, England, is a holding company with a solid 41-year history. Employing 67 people and boasting assets of £6,809,671, the company operates from a real address and is overseen by five directors and one owner. Its Google rating stands at a perfect 5.0 based on three reviews, reflecting a positive customer perception. The company regularly imports and exports electrical machinery and equipment, with 168 months of import activity and 13 months of export activity recorded.

The company’s website reveals a focus on electronic manufacturing services (EMS), offering design, prototyping, manufacturing, and assembly of PCBs and finished products. They cater to various industries, including medical, rail, and aerospace, emphasizing quality, accreditations (like ISO 13485 and RISQS), and customer service. They even have a blog with news about certifications.

Financially, Uk Electronics Limited shows a mixed picture. While current assets increased by a healthy 25% to £6,800,000, net assets increased by 50% to £5,800,000. Bank borrowings have completely vanished, a positive sign, and cash reserves have grown significantly, reaching £2,300,000. However, accrued liabilities have increased by 34%, and property, plant, and equipment have decreased by 27%, which could be due to depreciation or asset disposals. Trade debtors have decreased by 17%, suggesting better collection of payments. The company is audited by Hardy & Company (Hyde) Ltd.

The decrease in property, plant, and equipment, coupled with the increase in accrued liabilities, might indicate investments in new equipment or a temporary increase in short-term debt. The company’s focus on specialized industries and its commitment to quality certifications suggest a strategy of differentiation and premium pricing, which could be contributing to its financial performance. Overall, Uk Electronics Limited appears to be a stable and well-managed company, although it’s important to monitor its debt levels and asset utilization in the coming years.

Registered in England/Wales under the registration number 01753503, with a registered address at OL2 5JX, Royton, Lancashire, Schofield House Lion Mill Yard, Fitton Street.

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