Accent Wire Limited

Accent Wire Ltd, based in Solihull, UK, is a small, active company founded 18 years ago. With 25 employees and £3,588,786 in assets, it operates from a virtual address, a detail that raises some questions about its physical presence. The company is led by four directors and has one owner, Hegi Brian, whose ownership details were updated five years ago.

Accent Wire’s core business revolves around the import and export of industrial goods. It’s a regular importer of machinery, boilers, and mechanical appliances, with 195 months of import activity recorded, the last in February 01, 2025. It also exports iron and steel, with 63 months of export activity, the last in February 01, 2025. The company's website, accentwire.com, reveals a focus on baling wire products and equipment, including wire tiers, plastic strapping systems, and genuine parts. It appears to be a specialist supplier, catering to the agricultural and industrial sectors. The site also highlights services like training and parts support, suggesting a commitment to customer service.

Financially, Accent Wire Ltd shows a mixed picture. Current assets decreased by 26% to £3,600,000, while net assets fell 11% to £2,200,000. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 36% to £880,000. Creditors decreased by 39%, 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 stay agile, but the sharp equity drop raises questions. The company's auditor is Sumer Auditco Limited. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Accent Wire Ltd seems to be navigating a period of change. While its import and export activities remain consistent, the financial data suggests some pressure. The company's focus on specialized products and services, along with its commitment to customer support, could help it weather these challenges, but keeping a close eye on cash flow will be essential.

Registered in England/Wales under the registration number 05879927, with a registered address at B90 8AH, United Kingdom, Solihull, West Midlands, Lumaneri House Blythe Gate, Blythe Valley Park.

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