Ada Associates Uk Limited

Ada Associates Uk Limited, based in London, UK, is a small, active company founded eighteen years ago. With just four employees and £1,832 in assets, it's a solo-founded operation managed by a single director and owner. The company maintains a real address and boasts a stellar 5.0 Google rating from 157 reviews, indicating strong customer satisfaction. Ada Associates is a regular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with recent activity recorded three months ago.

The company's website reveals it operates as a Certified Accountant firm, offering tax advisory services for individuals and small businesses. It emphasizes expertise in tax planning, bookkeeping, VAT, and payroll, targeting both personal and corporate clients. The website highlights a Turkish-speaking team with over fifteen years of experience, aiming to provide professional and accurate service. Testimonials praise the firm's value and pleasant demeanor.

Financially, Ada Associates Uk Limited presents a mixed picture. Accumulated depreciation for plant machinery increased by 62%, while vehicles saw a 100% jump, and total depreciation rose 81%. Bank borrowings decreased by 14%, and cash reserves increased by a significant 120%. However, retained earnings and accumulated losses plummeted 88%, and total equity dropped 74%. Creditors increased 15%, but within one year, they decreased 77%. While the company meets the criteria for a small business, the significant decline in equity warrants attention. The accounts are audit exempt, relying on unaudited statements.

It seems Ada Associates is navigating a period of change, with a focus on providing accounting services while managing fluctuating financial metrics. The lack of a clear audit trail makes it difficult to fully assess the company’s long-term health, but the strong Google rating suggests a positive client experience.

Registered in England/Wales under the registration number 05949387, with a registered address at N9 8AH, London, London, 578 Hertford Road, Edmonton.

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