A&o It Group Plc

Aando It Group Plc from Bracknell UK is a holding company with an active status, established seven years ago. The company, with just two employees, holds assets valued at £57,110 and operates from a real address. It’s led by three directors and owned by a solo founder, Moore Roderick Russell. The firm boasts a stellar 5.0 Google rating based on five reviews and is an irregular importer of electrical machinery and equipment, with the last import occurring just one month ago.

The company’s activities primarily involve holding investments, and it owns several subsidiaries including A&o It Services Limited, Fieldview Systems Limited, A&o Shared Solutions Limited, and Parkshore Limited. It also has international operations, with subsidiaries in America, Germany, Norway, and Sweden. The website, while not detailing specific e-commerce activity, highlights the company’s focus on IT services, including managed services, security, and engineering.

Financially, Aando It Group Plc presents a complex picture. Current assets have plummeted by a staggering 99%, dropping from £740,000 to just £57,000. Net assets have also taken a hit, decreasing by 19% to £1.8 million. However, bank borrowings have significantly reduced by 48%, reaching £72,000, and creditors have also fallen by 87%, indicating improved debt management. Retained earnings and accumulated losses have fluctuated, with a significant decrease in the latter. The company’s unaudited financial statements, prepared using Caseware UK, show a reliance on director-reported data.

While the company's holding structure and international presence suggest a broader scope, the dramatic decline in current assets raises concerns. The reduction in debt and improved creditor management are positive signs, but the company will need to address the underlying issues impacting its liquidity. The lack of an auditor mentioned suggests the company is exempt from an audit, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 10843221, with a registered address at RG12 8FZ, England, Bracknell, Berkshire, The Capitol Building, Oldbury.

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