Wieland Electric Limited

Wieland Electric Limited, based in Elstead, UK, is a small, active company founded 36 years ago in 1989. With 25 employees and £2,264,212 in assets, it’s a well-established player in the electrical machinery and equipment sector. The company, overseen by three directors and a single owner, operates from a real address and has a history of both importing (409 months) and exporting (31 months) these goods.

Wieland Electric’s website reveals a broad range of activities beyond simple sales. It's a provider of electrical connection technology, offering solutions for building technology, lighting, machine building, wind power, horticulture, and even EV charging. The site features detailed product information, configurators, and downloadable resources, suggesting a focus on providing technical support and enabling customers to design and implement their own electrical systems. The website also highlights a focus on modular construction with Wieland Prefab, and a commitment to safety technology. It's not primarily an e-commerce site, but rather a platform for showcasing its expertise and attracting business customers.

Financially, Wieland Electric Limited’s recent report shows some concerning trends. While cash reserves increased significantly by 100% to £660,000, current assets experienced a 33% drop to £2,300,000. Debtor’s have fallen considerably by 53%, which could indicate difficulties in collecting payments. Equity also declined by 49% to £1,500,000, a notable decrease. Bank borrowings have decreased significantly, which is a positive sign. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The report doesn't mention an auditor, which is common for smaller companies. The company's focus on high-value, technical solutions, rather than mass-market retail, may explain some of these fluctuations. It's likely that the company is facing increased competition or changing market conditions, but its long-standing presence and technical expertise should help it navigate these challenges.

Registered in England/Wales under the registration number 02349613, with a registered address at GU8 6LB, England, Elstead, Surrey, Ash House Tanshire Park, Shackleford Road.

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