Acs Technology Group Ltd

Acs Technology Group Ltd, based in Baildon, UK, is a medium-sized company with an active status, having been founded 16 years ago. It employs 125 people and boasts assets of £5,496,448, generating a yearly revenue of £31,801,561. The company has seven directors and one owner, operating from a real address. It’s an irregular importer of furniture, lighting, and prefabricated buildings (2 months imported), and a regular exporter of electrical machinery and equipment (4 months exported).

The company’s website, ACS Technology, primarily caters to both home and business customers, offering IT support services, computer repairs, and gaming PC builds. It’s clear they focus on providing local support in Wrexham and surrounding areas, emphasizing their wealth of knowledge and ability to meet the IT needs of businesses ranging from one to 250 users. The site also highlights a range of services, including cloud solutions, networking support, and telecoms support, with a promise to assist with any IT needs. Recent news updates on the site mention a move to a new office and provide advice for starting a new business.

Financially, Acs Technology Group Ltd presents a mixed picture. While revenue remained stable, current assets decreased by 17% to £5,500,000. Bank borrowings significantly reduced by 88% to £240,000, which is a positive sign. However, net assets declined by 3.1% to £1,300,000, and cash reserves increased dramatically by 640% to £1,100,000. Staff costs increased by 6.4% to £4,300,000, and the company’s average number of employees during the period decreased slightly by 2.6% to 120. The company’s small decrease in staff, combined with the large increase in cash reserves, suggests a focus on efficiency. The accounts were audited by McKelvie & Co LLP, and the report indicates a stable, if slightly pressured, financial position. It seems the company is doing well, but it's important to keep an eye on those net assets.

Registered in England/Wales under the registration number 06584936, with a registered address at BD17 7HB, United Kingdom, Baildon, West Yorkshire, Kismet Buildings, Otley Road.

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