Adams Agencies Ltd

Adams Agencies Ltd, based in London, UK, is a small, active company established eighteen years ago in 2006. With a single employee and a real address shared by nine other companies, it operates as both an importer and exporter, though activity has been irregular – just one month of imports and one month of exports recorded in recent years. The company is led by one director and owned by Kushner Adam.

The company’s business activities span data processing, hosting, and renting machinery, equipment, and tangible goods. It also appears to be involved in the renting and leasing of other machinery. A quick look at their website reveals no immediate e-commerce presence, suggesting a B2B focus rather than direct consumer sales.

Financially, Adams Agencies Ltd presents a mixed picture. Cash reserves have decreased by 16% to £390,000, while net assets have fallen by 17% to £400,000. Creditors have also decreased by 30%, which could indicate improved debt management. However, accumulated depreciation impairment property plant equipment has increased by 100% to £18,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is common for small, exempt companies.

The decrease in cash and equity suggests the company may be burning through money, but the reduction in creditors is a positive sign. The company's irregular import and export activity could indicate a focus on specific contracts or a fluctuating demand for its products. It's likely that the company is still finding its footing, and the financial data reflects the challenges of a small business operating in a competitive market.

Registered in England/Wales under the registration number 06035969, with a registered address at NW3 4QG, London, 2nd Floor, 201 Haverstock Hill, Belsize Park.

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