Acrow Formwork (n.i.) Ltd

Acrow Formwork Ni Ltd from Dungannon, UK, is a small, holding company with an active status, having been founded 21 years ago. Employing 11 people, the company holds assets totaling £4,597,013. With three directors and a single owner, it operates from a real address and regularly imports iron or steel products (25 months) and exports machinery, boilers, and mechanical appliances; parts (6 months).

The company’s website showcases a wide range of formwork solutions, from panels and stands to accessories and safety products. It's clear that Acrow Formwork isn’s just a supplier; it’s a provider of comprehensive services, including rental, equipment inspection, and even temporary works design. There's also a used equipment section, suggesting a focus on sustainability and cost-effectiveness. The website’s design is functional rather than flashy, prioritizing product information and technical specifications. It doesn't appear to be an e-commerce site; instead, it seems geared towards generating leads and showcasing capabilities.

Financially, Acrow Formwork Ni Ltd shows some interesting trends. While cash reserves increased by 26% to £960,000, net assets remained relatively stable at £1,400,000. However, bank borrowings surged by 13%, reaching £8,800, and creditors increased by 3%, totaling £4,000,000. Trade debtors decreased by 6%, indicating better collection of payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in bank borrowings could signal a need for additional funding. No auditor is mentioned, which is common for small companies. The company's accounting standards applied are the historical cost convention and Financial Reporting Standard 102 section 1A.

Registered in Northern Ireland under the registration number NI047833, with a registered address at BT70 1NJ, Northern Ireland, Dungannon, County Tyrone, Unit 10 Granville Industrial Estate, 90, Granville Road.

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