Ablesky Limited

Ablesky Ltd from Warrington UK is a small, family business founded 23 years ago, currently active and boasting a Google rating of 4.0 from a single review. The company employs one person and holds £406,427 in assets, operating from a real address and managed by three directors and two owners. It’s a regular importer of furniture, lighting, and prefabricated buildings, with nine months of import activity recorded.

The company’s website highlights its focus on providing workplace solutions, acting as a supplier of choice for businesses. Ablesky sources, supplies, and installs furniture for various interior projects, emphasizing its independence and ability to select products that reflect a client’s brand and budget. It also supports UK manufacturers and ensures ethically sourced, recyclable materials. A unique aspect of the business is its "Project Toolkit" app, designed to streamline project delivery and cut costs for businesses of all sizes.

Financially, Ablesky Ltd presents a mixed picture. Current assets have decreased by 17%, falling to £410,000, while net assets have plummeted by a staggering 100%, leaving just £130. Bank borrowings have increased by 11%, reaching £90,000, and cash reserves have risen significantly by 220%, now at £100,000. Creditors have increased by 20%, now at £330,000, while trade debtors have fallen by a considerable 62%, now at £97,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the dramatic drop in equity is a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's financial data suggests a period of adjustment, with increased borrowing and a significant reduction in equity. While cash reserves have improved, the decrease in net assets raises questions about its long-term financial health. It's possible that the company is investing in growth, but careful monitoring of its financial performance will be crucial.

Registered in England/Wales under the registration number 04427924, with a registered address at WA4 3AD, Warrington, Cheshire, 18 Greenway, Appleton.

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