Adam Cex Ltd

Adam Cex Ltd is a small, active company based in Batley, UK, established thirteen years ago in 2012. With forty-seven employees and £814,616 in assets, it operates from a real address at Suite 52 Technology Drive. The company is led by one director and owned by Adam Ayub, though the owner list was changed eight years ago. Adam Cex Ltd is a regular importer, specializing in machinery, boilers, and mechanical appliances; parts, with eight months of import activity recorded, the last in September 2022. The company’s core business involves the retail sale of other second-hand goods in stores (not including antiques).

The company’s website, Adam Brands, is a simple landing page with login and registration options and a message form. It's not clear what the website is selling, but it suggests a focus on branding and customer engagement.

Financially, Adam Cex Ltd presents a mixed picture. Current assets decreased by 13% to £810,000, while net assets increased by 7.7% to £760,000. Bank borrowings vanished entirely, a positive sign, and cash reserves fell by 44% to £150,000. Trade debtors remained steady at £120,000, and creditors decreased by 14% to £70,000. The company meets two of three criteria for being a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Accumulated Amortisation Impairment Intangible Assets increased by 15.0%, and Accumulated Depreciation Impairment Property Plant Equipment increased by 17.0%. The company's accounts were unaudited and prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.

Overall, Adam Cex Ltd appears to be navigating a period of change, with a focus on cost management and efficient operations. The decrease in cash reserves is something to watch, but the company's solid asset base and active import activity suggest it’s holding its own.

Registered in England/Wales under the registration number 08033756, with a registered address at WF17 6ER, England, Batley, Suite 52 Technology Drive.

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