Acm Woodworking Machines Ltd

Acm Woodworking Machines Ltd, based in Gillingham, UK, is a small, active company founded 11 years ago. With just two employees and £22,317 in assets, it’s a lean operation managed by two directors and owners, boasting a perfect 5.0 Google rating from two reviews. The company regularly imports machinery, boilers, and mechanical appliances, with eight months of import activity recorded.

The company’s website, ACM Woodtech Ltd, focuses on supplying a complete range of woodworking machinery to meet the needs of customers. It emphasizes high-quality machines at favorable prices and guarantees an excellent after-sales service, including a full maintenance contract and an extensive range of spare parts. The company operates from a real address in Dublin, Ireland, and caters to the woodworking industry, offering everything from boring machines to bench saws.

Financially, Acm Woodworking Machines Ltd is showing some concerning trends. Current assets have decreased by 72% to £22,000, while net assets have also fallen by 72% to -£4,000. Bank overdrafts remain steady at £1,900, but cash reserves have dropped 35% to £6,500. Trade debtors have plummeted by a staggering 98%, leaving just £270, and creditors have decreased by 78% to £16,000. 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 nimble, but the sharp decline in equity suggests it's burning through money. The accounts are unaudited, and no auditor is mentioned.

Overall, Acm Woodworking Machines Ltd is facing financial pressure, despite its strong customer reviews and focus on after-sales service. The company's future depends on its ability to manage its debts and maintain its reputation for quality and support.

Registered in England/Wales under the registration number 08909287, with a registered address at ME7 1RZ, England, Gillingham, Unit 25 Pier Approach Road.

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