Acwa Services Limited

Acwa Services Ltd from Skipton UK is a large, active company founded 38 years ago. Employing 35 people, it holds £15,010,870 in assets and operates from a real address. With six directors and one owner, it boasts a perfect 5.0 Google rating based on one review. The company is a regular importer of rubber and rubber products, with 11 months of import activity recorded.

The company operates in the water collection, treatment and supply, the sewerage, and the construction of water projects industries. It’s a holding company, and its website highlights its role as a leading UK player delivering innovative, sustainable process solutions for municipal and industrial water treatment. They design and execute cost-effective technologies addressing client needs and climate change. Case studies showcase projects like wastewater treatment plants and ammonia removal processes, demonstrating expertise in water management. News updates cover industry events and contract wins, reinforcing their commitment to innovation.

Financially, Acwa Services Ltd shows some concerning trends. Accumulated depreciation has risen 46%, and administrative expenses have more than doubled to £3.2 million. Bank borrowings have increased significantly, reaching £870,000, and cash reserves have fallen 20% to £670,000. Equity has plummeted 36%, resulting in net assets of -£8.5 million. However, creditors have decreased by 15%, suggesting improved debt management. The company meets the criteria for a large company, with turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, so the figures are unaudited.

While Acwa Services Ltd appears to be a well-established player in its sector, the financial data reveals a need for careful management. The increased costs and decreased equity suggest a potential strain on resources, though the improved debt management offers a glimmer of hope.

Registered in England/Wales under the registration number 02024837, with a registered address at BD23 2UE, England, Skipton, North Yorkshire, Acwa House Unit 9, Acorn Business Park.

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