24hr Solutions Ltd

24hr Solutions Ltd, based in St. Albans, UK, is a small holding company with an active status, founded 13 years ago. It employs 10 people and holds £493,717 in assets, operating from a real address shared by six other companies. The company is led by one director and one owner, and boasts a perfect 5.0 Google rating based on a single review. It’s a regular importer of electrical machinery and equipment, with four months of import activity recorded.

The company’s website paints a picture of a global leader in engineering and support services, offering a wide range of solutions from security monitoring (247CIT) to vehicle repair and alarm systems. It’s clear they’re not just a simple retailer; they provide complex, integrated services, including a state-of-the-art control center managing Paxos locks for secure locations. A key element is HG Fabrication, a specialist in high-security equipment, which has secured a multimillion-pound contract with a global cash-in-transit vehicle supplier. The website emphasizes innovation, integrity, and inclusion, showcasing a commitment to making a positive impact on communities.

Financially, 24hr Solutions Ltd presents a mixed picture. While current assets increased by 83% to £490,000, net assets plunged 76% to -£40,000, a significant decline. Bank borrowings jumped 120% to £56,000, and cash reserves remained steady at £50. Creditors also increased by 31%, suggesting a reliance on external funding. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp equity drop raises concerns. The company’s accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s focus on high-value services and global reach suggests a potential for growth, but the financial data indicates a need for careful management. The reliance on external funding and the negative equity position warrant close monitoring, but the company’s strong reputation and diverse range of services could help it navigate these challenges.

Registered in England/Wales under the registration number 07952553, with a registered address at AL1 3SE, St. Albans, Faulkner House, Victoria Street.

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