Adamas Hardware Limited

Adamas Hardware Ltd, based in Stockport, UK, is a small, active company founded eleven years ago. With two employees and £62,793 in assets, it operates from a real address and is managed by two directors and one owner. The company is an irregular importer, primarily dealing with miscellaneous metal items, though its last import activity was recorded two months ago in December 2018.

The company’s website reveals a shift in strategy. Adamas Hardware was previously supplying wholesale products in the UK but has now transitioned to offering new services through its sister company, Pinpoint PS. The site encourages businesses to explore these services, suggesting a move away from direct retail. It’s a bit confusing, but they’re clearly adapting.

Financially, Adamas Hardware Ltd presents a mixed picture. While cash reserves increased by 23% to £62,000, net assets have seen a significant turnaround, jumping 180% to £41,000. Creditors decreased by 15%, indicating improved debt management. However, trade debtors have increased substantially, reaching £300 – a significant jump. 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 sudden changes in equity raise questions. The accounts are unaudited, which is common for small companies. There’s no mention of an auditor. The company’s current legal name is ADAMAS HARDWARE LIMITED.

Registered in England/Wales under the registration number 08950864, with a registered address at SK7 3JX, England, Stockport, 35 West Park Road, Bramhall.

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