Able Cleaning & Hygiene Supplies Ltd

Able Cleaning & Hygiene Supplies Ltd, based in Thetford, UK, is a small, active holding company founded five years ago. With 21 employees and £1,878,060 in assets, it operates from a real address and is overseen by five directors and one owner. Google users rate it a perfect 5.0 based on three reviews, and it’s a regular importer of paper and paperboard products, with 43 months of import activity recorded.

The company's website is not available, making it difficult to determine the full scope of its operations. However, the company operates in the wholesale of chemical products industries. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Financially, Able Cleaning & Hygiene Supplies Ltd presents a mixed picture. Current assets increased by 4.9% to £1,900,000, while net assets grew by 22% to £1,100,000. Bank borrowings increased by 44% to £570,000, and cash reserves decreased by 44% to £220,000. Creditors decreased by 29% to £1,600,000. Trade debtors increased by 28% to £780,000. The company’s small size helps it stay agile, but the decrease in cash reserves is something to keep an eye on. No auditor is mentioned, which is common for small companies.

The company's equity has grown by 22%, suggesting improved profitability. However, the increase in bank borrowings indicates a reliance on external financing. The company’s financial statements are unaudited. It seems the company is holding steady, but it’s important to monitor its cash flow and debt levels going forward.

Registered in England/Wales under the registration number 12533695, with a registered address at IP25 6NG, United Kingdom, Thetford, Norfolk, Blenheim House 27-33 Threxton Road Industrial Esta, Watton.

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