Advanced Maintenance Supplies Limited

Advanced Maintenance Supplies Ltd, based in Halesowen, UK, is a sizable company holding company with an active status. Established 26 years ago, in 1998, it employs 87 people and boasts impressive assets of £13,723,247. The company generates a substantial revenue of £39,406,503 annually. It’s managed by six directors and has one owner, with a respectable Google rating of 4.0 based on three reviews. The company regularly imports machinery, boilers, and mechanical appliances, parts, with 16 months of import activity recorded.

The company operates as a wholesale distributor of engineering components, consumables, and related support services. Its website, Hayley Dexis, highlights a broad range of products, including bearings, power transmission equipment, and PPE. The company emphasizes its extensive UK branch network and commitment to delivering value beyond simple product supply. Hayley Dexis provides engineering services, bespoke components, and supply partner solutions, catering to various industry sectors. The website also features a news section with updates on expansion projects and sustainability initiatives.

Financially, Advanced Maintenance Supplies Ltd presents a mixed picture. While turnover increased by 23%, net assets decreased by 17%, and bank borrowings increased by 26%. Cash reserves fell by 66%, a significant drop. Creditors increased by 9%, suggesting a need to manage debt obligations. The company meets two of three criteria to be considered large, with turnover exceeding £36 million and balance sheet total exceeding £18 million. The lack of auditor information suggests the company is exempt from full auditing requirements. Overall, Advanced Maintenance Supplies Ltd appears to be a well-established player in its sector, but the decline in cash reserves warrants close monitoring.

Registered in England/Wales under the registration number 03644623, with a registered address at B63 3XL, England, Halesowen, Hayley Group Limited, Shelah Road.

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