Accsys Projects Limited

Accsys Projects Ltd, based in Coventry, UK, is a small holding company with an active status, having been established 22 years ago in May 2003. The company employs nine people and holds £2,436,116 in assets. It has a real address, is managed by four directors, and has one owner. Accsys Projects is a regular importer of iron or steel products, with five months of import activity recorded, the last being August 2023.

The company specialises in raised access flooring, operating as an independent installer across the UK. Its website highlights services including new installations, refurbishment, maintenance, and supply-only options, catering to various environments like offices, data centres, and residential properties. They offer a wide range of flooring solutions from leading European manufacturers, providing a nationwide supply and installation service through local teams. The website also showcases a piano restoration business, 1066 Pianos, which operates from Cambridge and even has a showroom in Harrods, London.

Financially, Accsys Projects Ltd presents a mixed picture. Cash bank on hand has increased significantly by 99%, reaching £760,000, while current assets have grown by 9.5% to £2,400,000. However, debtors have decreased by 12%, falling to £870,000, and equity has declined by 2.3% to £1,600,000. Bank borrowings are non-existent. The company’s small size – meeting two of three conditions for being considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees) – allows for flexibility, but the decrease in equity warrants closer attention. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small entities. The decrease in equity could be due to increased investment in the business or a period of lower profitability, but further analysis would be needed to confirm this.

Registered in England/Wales under the registration number 04768719, with a registered address at CV5 6ET, Coventry, Sovereign House, 12 Warwick Street Earlsdon.

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