Advanced Supplies Limited

Advanced Supplies Ltd from Standish, UK, is a small, active company founded 22 years ago. With four employees and £562,506 in assets, it’s a well-established business run by a solo founder and a single director. The company operates from a real address and regularly imports and exports machinery, boilers, and mechanical appliances – parts, with 37 months of import activity and 22 months of export activity recorded.

The company’s website showcases a focus on providing advanced solutions for the printing, labelling, and converting industries. It offers a wide range of products from leading manufacturers like Unilux, Delpro, Yamada, and Norcross, emphasizing quality and innovation. The site’s layout suggests a B2B model, catering to commercial clients with a focus on technical products and services. It’s not a typical e-commerce site with a shopping cart; instead, it functions more as a product catalog and information portal, encouraging customers to contact the company directly for quotes and orders.

Financially, Advanced Supplies Ltd’s recent performance presents a mixed picture. Cash reserves increased by a healthy 13% to £260,000, and current assets grew by 3.5% to £560,000, indicating good liquidity. However, net assets also increased by 12% to £440,000, which is a positive sign. Trade debtors decreased by 12%, suggesting improved collection practices. However, other taxation and social security payable increased significantly by 84%, which could indicate a temporary cash flow challenge. Bank borrowings remained steady, and 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 maintain agility. As a small company, it’s likely exempt from an external audit, relying on unaudited financial statements.

The company’s growth in net assets, coupled with a strong cash position, suggests a stable and potentially profitable business. The increase in other taxation payable, however, warrants monitoring in future periods. Overall, Advanced Supplies Ltd appears to be a financially sound company operating in a specialized niche, though it would be good to see if the increase in other taxation is a one-off or a trend.

Registered in England/Wales under the registration number 04735841, with a registered address at WN6 0XQ, England, Standish, Lancashire, 103 - 104 Bradley Hall Trading Estate Bradley Lane.

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