Accasion Marquees Limited

Accasion Marquees Ltd from Hereford UK: a small, active company founded 18 years ago, employs eight people, and holds £230,743 in assets. It's a real address with two directors and one owner, a solo founder, and enjoys a perfect 5.0 Google rating based on three reviews. The company regularly imports machinery, boilers, and mechanical appliances parts, with 20 months of import activity recorded, the last in May 2024.

The company operates in the renting and leasing of other machinery, equipment, and tangible goods. Its website is non-existent, making it difficult to determine if they have an e-commerce presence.

Financially, Accasion Marquees Ltd shows a mixed picture. Current assets decreased by 26% to £230,000, while net assets remained steady at £200,000. Bank borrowings increased by 120%, reaching £18,000, and cash reserves fell 43% to £130,000. Creditors decreased by 43%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decrease in cash reserves raises some concerns. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it’s facing some financial strain, but it's not necessarily burning through money like a startup. The decrease in cash reserves could be due to increased investment in the business or temporary working capital issues. The increase in bank borrowings could indicate a need for additional funding to support growth or cover short-term expenses.

Registered in England/Wales under the registration number 06198762, with a registered address at HR3 6NS, Hereford, Herefordshire, Cheriton House, Old Station Yard, Eardisley.

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