Unique Electrical Systems Ltd

Unique Electrical Systems Ltd is a small, active company based in Sutton, UK, founded seven years ago in June 2017. It employs just two people and has a real registered address at 59 Worcester Road. The company is led by one director and one owner, Serban Alexandru. It operates in the trade of electricity, retail sale via mail order houses or via internet industries.

The company's website showcases a range of electrical services, including installations, repairs, and maintenance. It appears to be primarily a service-based business, with no obvious e-commerce functionality. The site features a simple menu with sections for "About Us," "Our Services," "News," and "Contact Us," suggesting a focus on building local relationships and providing personalized support. There's a strong emphasis on visual elements, with icons for social media platforms and a prominent phone number.

Financially, Unique Electrical Systems Ltd presents a mixed picture. While net assets are a modest £35, a significant drop from £1600 the previous year, cash reserves have increased by 75% to £8,500. However, the company’s liabilities have also increased substantially, with creditors rising by 43% to £14,000. Bank borrowings have completely disappeared, which is a positive sign. Average employee numbers have doubled to four, a notable increase that may be driving up costs. The company meets two of the three criteria to be classified as a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is typical for small companies.

The company's increase in employees, while potentially boosting service capacity, has also contributed to rising liabilities. It's possible that the company is investing in growth, but the significant drop in net assets warrants close monitoring. The absence of an auditor is not unusual for a company of this size, but it highlights the reliance on director-reported data.

Registered in England/Wales under the registration number 10839218, with a registered address at SM2 6ND, England, Sutton, Surrey, 59 Worcester Road.

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