Accolade Measurement Ltd

Accolade Measurement Ltd, based in Welwyn Garden City, UK, is a small, active company founded 32 years ago in 1993. With 11 employees and £656,674 in assets, it’s a well-established player in its field. The company operates under the direction of a single director, though no owners are currently listed, which is fairly common for smaller businesses. It’s a regular importer of optical and medical tools and devices, with seven months of import activity recorded.

The company specializes in structural monitoring and load testing, providing services to a range of industries. Its website highlights expertise in areas like data science, dynamic load measurement, and remote condition monitoring. Accolade Measurement offers a comprehensive suite of testing and monitoring solutions, from barrier testing for sports stadia to bespoke load tests for unique applications. It even has a showroom in Harrods, London. The website is very well designed, and it’s clear they are aiming for a high-end customer base.

Financially, Accolade Measurement’s numbers present a mixed picture. While current assets increased by 37% to £660,000, net assets also grew by 25% to £660,000. However, cash reserves decreased by 16% to £180,000. Trade debtors have increased significantly, ballooning by 140% to £440,000, which could indicate a reliance on customer payments or expansion of credit terms. Creditors also increased, rising by 45% to £220,000. 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 increase in debtors should be monitored. No auditor is mentioned, likely due to exemption as a small company, so the figures rely on unaudited director reporting.

Overall, Accolade Measurement appears to be a stable, well-established company, though it’s facing some financial pressures. The increase in debtors is something to keep an eye on, but the company’s expertise and strong customer base should help it navigate these challenges.

Registered in England/Wales under the registration number 02811536, with a registered address at AL7 4TB, Welwyn Garden City, Hertfordshire, Unit 1 East Burrowfield.

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