Access Hardware Limited

Access Hardware Limited, based in Redditch, UK, is a small, active company founded 39 years ago in 1985. With 15 employees and £2,602,871 in assets, it’s a well-established player in its sector. The company, owned by Lowndes Douglas Francis and Lowndes Elizabeth Mary, operates from a real address and is overseen by five directors. It boasts a respectable 4.0-star Google rating from six reviews. Access Hardware is a regular importer and exporter of miscellaneous metal items, with 465 months of import activity and 91 months of export activity recorded.

The company’s website highlights its focus on architectural and cubicle hardware, offering a wide range of products including stainless steel lever handles, pull handles, and toilet cubicle fixings. It also functions as a UK distributor for Lockwood products. A key feature is its design service, offering bespoke hardware solutions for clients. The site also has a blog and newsletter signup, indicating a desire to engage with customers. The company’s website also has a careers page, suggesting a focus on growth.

Financially, Access Hardware Limited’s report reveals a mixed picture. Cash bank on hand increased significantly by 340%, reaching £1,000,000—a positive sign. However, net assets remained stable at £2,200,000. Trade debtors decreased by 33%, while other debtors increased by 39%. There was a notable increase in corporation tax payable, rising 140% to £90,000. Depreciation for plant machinery decreased by 20%, and fixed assets decreased by 11%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in tax liabilities is something to watch. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Access Hardware Limited appears to be a stable, albeit small, business. Its focus on specialized hardware and design services, combined with a strong online presence, positions it well in its niche. The increase in cash reserves is encouraging, but the company should monitor its tax obligations and ensure efficient debt management to maintain its financial health.

Registered in England/Wales under the registration number 01958183, with a registered address at B98 0EA, England, Redditch, 91 Heming Road, Washford Industrial Estate.

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