Wolfelec Ltd

Wolfelec Ltd from Stansted UK is a small, active company founded 21 years ago. With 10 employees and £797,293 in assets, it’s a well-established player in its sector. The company has two directors and two owners, and operates from a real address. It’s a regular importer and exporter of electrical machinery and equipment, with 156 months of import activity and 98 months of export activity recorded.

The company’s website, WolfElec, specializes in intercoms, van security, voice modules, and monitoring systems. It caters to a range of customers, from emergency services to private vehicle owners, offering both off-the-shelf and bespoke solutions. The website highlights its expertise in hardwired communication systems and special vehicle products, emphasizing quality, safety, and trust. It also provides services like building intercom systems, providing security products, and offering voice alert modules.

Financially, Wolfelec Ltd appears to be in a stable position. Cash bank on hand increased by a healthy 47% to £460,000, and current assets grew by 18% to £800,000. Creditors decreased by 72%, which is a good sign. However, the company's equity only grew by 16%, and net assets grew by 16%. 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 nimble. The increase in future minimum lease payments could be a factor to watch. With no auditor mentioned, the unaudited financial statements rely on director-reported data.

Overall, Wolfelec Ltd seems to be a financially sound company with a solid track record and a clear focus on its niche market. The company’s ability to maintain a steady stream of import and export activity, combined with its strong cash position, suggests it’s well-positioned for continued success.

Registered in England/Wales under the registration number 04849891, with a registered address at CM24 8JG, England, Stansted, Essex, 1 Pond Lane, Bentfield Road.

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