Adl Components Limited

Adl Components Ltd from Mansfield UK: a small, active company founded thirteen years ago, employs four people, and holds £93,027 in assets. It operates from a virtual address—thirty other companies are registered there—and is managed by two directors and two owners. An e-commerce site and a 3.0 Google rating (based on thirteen reviews) suggest a focus on online sales.

The company’s core business involves retail sale via mail order houses or via internet, with a focus on auto clips and fasteners, stainless steel products, and furniture fittings. The website showcases a wide range of products, from trim clips and bolts to marine fittings and electrical components. It’s clear they cater to a diverse customer base, from automotive enthusiasts to furniture makers and even marine professionals. They even boast a section for screws!

Financially, Adl Components Ltd's numbers paint a mixed picture. Current assets decreased by 13% to £93,000, while net assets also fell by 7.8% to £67,000. Cash reserves experienced a significant drop of 54%, dwindling to £12,000. Trade debtors also decreased, suggesting better management of customer payments. However, corporation tax payable increased by 34%, which could indicate higher profitability, but also a potential tax burden. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it's exempt from a full audit, relying on unaudited financial statements.

The company's bank borrowings increased, which could be a sign of investment or a need for working capital. The decrease in other creditors is a positive sign, suggesting improved payment terms with suppliers. It’s a bit of a challenge to know what to make of it all, but the company seems to be holding its own.

Registered in England/Wales under the registration number 07832323, with a registered address at NG18 1EX, Mansfield, Nottinghamshire, Synergy House 7 Acorn Business Park, Commercial Gate.

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