Academia Limited

Academia Ltd, based in Hemel Hempstead, UK, is a holding company with a solid 21-year history. Employing 144 people and boasting assets of £24.1 million, the company operates as a provider of technology solutions, primarily focusing on the education, public, and business sectors. It's led by six directors, including Harman Andrew John, and has a 4.0-star rating on Google based on 18 reviews. The company regularly imports electrical machinery and equipment and exports machinery, boilers, and mechanical appliances.

The company's website highlights its expertise in Apple and Microsoft solutions, offering a range of services from hardware infrastructure to cloud services and managed solutions. It caters to businesses, schools, and charities, emphasizing innovation and excellence. Academia Ltd also owns Smartdesc Limited, Toucan Computing Limited, and Charterhouse Muller Uk Limited. It previously operated under the name PC Supplies Limited.

Financially, Academia Ltd shows a mixed picture. While current assets increased by 7.8% to £24 million, net assets decreased by 11.0% to £4.7 million. Cash and cash equivalents saw a significant jump of 29%, reaching £5.5 million. However, bank borrowings increased by 15%, reaching £17 million, and trade creditors rose by 15% to £17 million. Losses deepened from £2 million to £1.1 million. The company’s staff costs increased by 12%, reaching £11 million. It’s worth noting that the accounts are unaudited, and the audit firm, Rouse Audit LLP, isn’t mentioned in detail.

Despite the losses, the company’s strong focus on technology solutions and its established presence in key sectors suggest it’s navigating a competitive landscape. The growth in cash reserves offers some buffer, but the increase in debt warrants close monitoring. The company’s long history and multiple subsidiaries indicate a complex structure, and the recent changes in ownership and director roles may reflect ongoing strategic adjustments.

Registered in England/Wales under the registration number 04771037, with a registered address at HP2 7DW, England, Hemel Hempstead, Unit 1 Progression Centre Mark Road, Hemel Hempstead Industrial Estate.

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