Abp Technologies Ltd

Abp Technologies Ltd, based in Worcester, UK, is a small holding company with an active status, having been established 58 years ago in 1966. The company employs 36 people and holds assets valued at £2,555,078. Registered at a virtual address shared by 21 other companies, it's managed by one director and one owner. Abp Technologies regularly imports electrical machinery and equipment (11 months of imports) and exports weapons and ammunition (88 months of exports).

The company’s operations encompass the manufacture of weapons and ammunition, lifting and handling equipment, and general-purpose machinery. A website isn’t available to analyze, so it’s difficult to determine if they operate an e-commerce site.

Financially, Abp Technologies Ltd presents a mixed picture. Cash reserves have decreased by 51%, falling to £120,000, while trade debtors have increased significantly by 890%, reaching £720,000. Bank borrowings have also risen sharply, increasing by 2,400%. Creditors decreased by 42%, suggesting improved debt management. Net assets have decreased by 3.2%, falling to £250,000. The company qualifies as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the accounts are unaudited.

The sharp decline in cash reserves and the increase in trade debtors could indicate challenges in managing working capital. However, the decrease in creditors suggests the company is effectively managing its short-term liabilities. The company’s long history and established export business in weapons and ammunition, however, provide a solid foundation. The company’s financial statements were audited by Bishop Fleming LLP and signed by J G Harris.

Registered in England/Wales under the registration number 00889363, with a registered address at WR3 8YB, United Kingdom, Worcester, Unit 15c Blackpole East, Blackpole Road.

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