Acrastyle Limited

Acrastyle Ltd from Ulverston UK: a small holding company with an active status, was founded 62 years ago. The company employs 51 people and holds £4,946,923 in assets, operating from a real address. With seven directors and one owner, Acrastyle maintains a Google rating of 3.0 based on two reviews, and regularly imports electrical machinery and equipment—a trend that’s continued for 47 months.

The company’s core business revolves around the design, manufacture, and maintenance of high-voltage substation protection and control equipment. Its website highlights a broad range of services, including CAD design, installation, and protection scheme testing. It also manufactures its own products and integrates devices from other manufacturers. A subsidiary of SS Power Group, Acrastyle serves utilities, industry, transport, and renewables sectors, emphasizing project success and customer support. The website also features a piano restoration business, 1066 Pianos, which operates from Cambridge and even has a showroom in Harrods, London.

Financially, Acrastyle Ltd’s recent performance presents a mixed picture. While cash reserves have impressively increased by 100,000%, jumping to £540,000, net assets have declined by 16%, settling at -£1,700,000. Creditors have risen significantly by 150%, reaching £2,100,000, while trade debtors have increased by 43%, now standing at £2,700,000. The company’s small size—meeting two of three criteria for being classified as small—allows for agility, but the decrease in equity is something to keep an eye on. The company’s accounts are unaudited, as it’s exempt as a small company.

The increase in bank borrowings by 2,400% is a concerning trend, and the decrease in cash reserves, despite the overall increase, suggests a reliance on credit. The company’s long history and established reputation, combined with its diverse range of services, position it well for the future, but the financial pressures will need to be carefully managed.

Registered in England/Wales under the registration number 00728049, with a registered address at LA12 9DP, Ulverston, Cumbria, Acrastyle Limited, North Lonsdale Road.

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