Abbcan Solutions Limited

Abbcan Solutions Limited, based in Milton Keynes, UK, is a small, active company established 17 years ago. With five employees and £473,972 in assets, it operates from a real address and is overseen by two directors and one owner, boasting a stellar 5.0 Google rating from eight reviews. The company is an irregular importer of electrical machinery and equipment, with a single month of import activity recorded in May 2024, and an irregular exporter of optical and medical tools and devices, with a single month of export activity dating back to April 2019.

The company's website highlights its diverse supply chain, catering to industrial, commercial, and agricultural sectors. It positions itself as an independent stockist of bearings and power transmission products, emphasizing quality brands, competitive pricing, and a comprehensive stock holding. Free local delivery and various shipping options—including Royal Mail, next-day delivery, and courier services—are offered, alongside sourcing products from both Europe and the US. The sales team, experienced in the industry, aims to provide exceptional service from initial inquiry to post-sale assistance, striving for 100% customer satisfaction.

Financially, Abbcan Solutions Limited presents a mixed picture. Cash reserves have seen a healthy 46% increase to £120,000, and net assets have jumped 88% to £82,000—a positive sign. However, trade debtors remain steady at £240,000, and creditors have decreased slightly. The company’s small size—meeting two of three conditions for being considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—allows for flexibility, but the increase in other creditors by 56% warrants attention. The company’s depreciation impairment property plant equipment also increased by 7.9% and 4.0% respectively. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Abbcan Solutions Limited appears to be financially stable, with growing cash reserves and assets. The company’s focus on customer service and diverse product range suggests a sustainable business model, although monitoring creditor levels will be important going forward.

Registered in England/Wales under the registration number 06569317, with a registered address at MK12 6HP, Milton Keynes, Buckinghamshire, 8 Heathfield, Stacey Bushes.

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