Adllen Services Ltd

Adllen Services Ltd, based in Romford, UK, is a small, family-run business with an active status. Founded ten years ago in 2014, the company employs three people and operates from a real address at 46 Tarnworth Road. With three directors and two owners, it’s a tight-knit operation. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for four months, the last operation recorded in December 2021. It's a metal construction company, operating in the construction of commercial buildings.

The company’s website showcases its capabilities as a metal manufacturer, offering services like CNC laser cutting, press brake forming, and powder coating. It’s clear they’re targeting businesses needing bespoke welding and fabricated products, emphasizing quality and efficiency. They have a factory in Thetford, Norfolk, housing their facilities and a dedicated office. The website’s design is clean and professional, with a gallery highlighting their work and a simple quote request form. It's a straightforward, business-to-business operation, not an e-commerce site.

Financially, Adllen Services Ltd presents a mixed picture. While bank borrowings increased by 14% to £70,000, and overdrafts rose significantly by 69% to £27,000, there's also a dramatic increase in equity, jumping 3800% to £160,000. Trade debtors have skyrocketed by 1300%, reaching £310,000—a potentially concerning trend suggesting difficulties collecting payments. However, creditors also increased by 14% to £70,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the significant increase in debtors warrants attention. The accounts are unaudited and prepared under FRS 102, and the company is exempt from an audit.

Overall, Adllen Services Ltd seems to be experiencing rapid growth, evidenced by the substantial increase in debtors and equity. However, the increased bank borrowings and overdrafts, along with the high level of debtors, suggest it may be burning through cash to fuel that growth. It's possible they're investing heavily in new equipment or expanding operations, but careful management of cash flow will be crucial to ensure long-term sustainability.

Registered in England/Wales under the registration number 09229347, with a registered address at RM3 9UJ, England, Romford, Essex, 46 Tarnworth Road.

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