Vital Electronics Limited

Vital Electronics Ltd, based in Letchworth Garden City, UK, is a small, active company founded just three years ago. With seven employees and £5,143,140 in assets, it’s a family business led by two directors and owners, Shawn and Kieren Balstone. The company holds a stellar 5.0 Google rating based on five reviews, a testament to its customer service. Vital Electronics is a regular importer and exporter of electrical machinery and equipment, with 590 months of import activity and 896 months of export activity recorded, the latest in March 2025.

The company’s website highlights its role as a global electronic components distributor, offering customized supply chain solutions. It specializes in tackling challenges like cost reduction, shortage supply, obsolescence, and excess inventory, building long-term partnerships. A key focus is AS9120B accreditation for electronic components distribution, showcasing a commitment to quality. The website also includes a leadership team page and a blog, demonstrating a focus on industry expertise and customer engagement.

Financially, Vital Electronics Ltd presents a mixed picture. Cash bank on hand increased significantly by 130%, reaching £2,900,000, a positive sign. However, net assets also grew by 31%, to £3,900,000, which is good. Bank borrowings surged by 280%, reaching £240,000, and creditors increased by 41%, to £1,400,000. It's a bit concerning that trade debtors decreased by 26%, to £1,900,000, which could indicate payment issues. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility. The company's average number of employees increased by 190%, to 20, which is a bit surprising. With no auditor mentioned, the financial statements are unaudited.

Overall, Vital Electronics Ltd appears to be growing, but the increase in debt and decrease in debtors warrants close monitoring. The company’s focus on quality and customer service, along with its strong Google rating, suggests a solid foundation for continued success.

Registered in England/Wales under the registration number 13500938, with a registered address at SG6 1EL, England, Letchworth Garden City, Hertfordshire, Russell House, Icknield Way.

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