Absolute Gases Limited

Absolute Gases Ltd, based in Sittingbourne, UK, is a small, active company established four years ago. With three employees and £93,283 in assets, it operates from a real address and is managed by two directors and two owners. The company regularly imports and exports optical and medical tools and devices – 20 months of imports and 15 months of exports recorded.

The company’s website showcases a specialist UK producer of test and calibration gas mixtures, boasting over 70 years of combined experience within the industry. It supplies calibration gas mixtures, equipment, and associated accessories, offering customized labelling and cylinder disposal services. The site highlights a focus on quality, reliability, and personalised customer service, with a commitment to shipping within a few days for prefilled cylinders and offering advice on specialty gas applications.

Financially, Absolute Gases Ltd presents a mixed picture. Cash bank on hand has increased substantially to £30,000, a positive sign, while creditors have decreased by nearly 60% to £41,000. However, net assets have dramatically improved to £5,200, a significant turnaround from the previous year’s negative position. Trade debtors have also decreased, suggesting improved debt collection. Despite a substantial increase in taxation and social security payable, the company’s small size (meeting two of three criteria for a small company) allows for agility. The accounts are unaudited, and no auditor is mentioned.

Overall, Absolute Gases Ltd seems to be recovering from a difficult period, with improved cash flow and reduced debt. The company’s focus on a niche market and commitment to customer service appear to be paying off, although continued monitoring of its financial performance will be important.

Registered in England/Wales under the registration number 12985233, with a registered address at ME10 3TR, England, Sittingbourne, Kent, Unit 19 Precision 2 Business Park, Bingham Road.

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