Acrelec Uk Limited

Acrelec UK Limited, based in Hemel Hempstead, is a large, active company founded fifteen years ago in 2010. Employing thirty-two people and boasting assets of £5,393,701, it operates from a real address and is managed by two directors, though no owners are officially listed. The company maintains a stellar 5.0 Google rating based on six reviews. Acrelec UK is a regular importer of electrical machinery and equipment, with nineteen months of import activity recorded, and exports machinery, boilers, and mechanical appliances, with thirteen months of export activity.

The company's website highlights its focus on digital signage and kiosk solutions for the food and beverage industry. It offers a range of products, including digital menu boards, self-checkout kiosks, and operational software, catering to restaurants, retailers, and other businesses looking to enhance customer experiences. Acrelec’s website also showcases its commitment to corporate social responsibility, emphasizing its efforts to reduce environmental impact and promote employee safety. The company's website also mentions a podcast and several news items about trends in the QSR (Quick Service Restaurant) market.

Financially, Acrelec UK Limited’s recent performance reveals a mixed picture. Accrued liabilities decreased by 32%, but accrued liabilities deferred income skyrocketed by 1900%. Depreciation on computer equipment rose by 26%, while administrative expenses increased significantly by 48%. Cash bank on hand fell by 30%, and turnover revenue increased by 34%—a positive sign. However, net assets liabilities also increased, and the company reported a substantial loss of £130,000 compared to a profit of £160,000 the previous year. The company’s bank borrowings also decreased.

These trends suggest that while Acrelec UK Limited is experiencing growth in revenue, it is also facing increased costs and challenges in managing its financial resources. The lack of a clear ownership structure, with no owners officially listed, could be a factor in the company’s financial decisions. The absence of an auditor mentioned in the report, likely due to its size, means the financial data relies on unaudited statements. Overall, Acrelec UK Limited appears to be a dynamic company navigating the complexities of a competitive market, but its long-term financial health will depend on its ability to control costs and sustain revenue growth.

Registered in England/Wales under the registration number 07210638, with a registered address at HP2 7BW, England, Hemel Hempstead, Hertfordshire, East Wing, Focus 31, Mark Road.

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