# ELECTRADE 247 LIMITED (03385057)

> ELECTRADE 247 LIMITED is an active private limited company (company number 03385057) incorporated on 11 June 1997, registered in Watford. Its registered activity is wholesale of computers, computer peripheral equipment and software (SIC 46510). Latest small accounts cover the period ending 28 February 2025, showing net assets of £1.34m and cash of £315k, with 2 employees on average. Net assets rose 7% on the prior period (£1.25m).

- Status: Active
- Incorporated: 1997-06-11
- Registered office: Watford, WD18 9SS
- SIC 46510: Wholesale of computers, computer peripheral equipment and software
- SIC 46520: Wholesale of electronic and telecommunications equipment and parts
- SIC 61200: Wireless telecommunications activities
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-06-25
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the top quarter of 303 comparable companies in Greater London (median £2,022, upper quartile £25k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £1.34m | £315k | £925k | £3.74m | — | — | 2 |
| 2024-02-29 | £1.25m | £105k | £832k | £3.83m | — | — | 2 |

current ratio 1.36; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £1,338,724 at 28 February 2025
- Cash at bank of £50,000 or more: Cash £314,949
- Incorporated five or more years ago: Incorporated 11 June 1997

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Paramjot Singh — owns 50–75% of shares, since 2024-04-01
- Mr Nirmaljot Singh — owns 50–75% of shares, since 2024-04-01

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/03385057
HTML: https://firmoscan.com/company/03385057-electrade-247-limited