Advanced Technology Services Uk Limited

Advanced Technology Services Uk Ltd, based in London, is a small, active company founded 18 years ago. Employing 55 people, it holds £3,345,917 in assets and operates from a virtual address, a fact highlighted by fourteen companies registered at the same location. The company is led by three directors and has one owner, Jeffrey Owens. It’s an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation dating back to 2019.

The company’s website, while not providing extensive details, suggests a focus on machine maintenance services. It operates under the name Advanced Technology Services, UK Limited and is registered in England and Wales. The company’s core business involves machine maintenance, but it also offers services like accounting and company secretarial work, as evidenced by the listed directors.

Financially, Advanced Technology Services Uk Ltd presents a mixed picture. While cash and bank holdings increased significantly by 91% to £860,000, current assets also rose by 11% to £3.3 million. However, net assets increased by 27% to £1.9 million, and creditors remained steady at £1.5 million. Trade debtors decreased slightly, suggesting better collection practices. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the decline in property, plant, and equipment—particularly in plant machinery—is noticeable. The auditor, Moore, has issued an unqualified opinion, but the lack of detailed profit and loss statements means a complete financial picture remains elusive.

The company’s reliance on a virtual address and irregular import activity, combined with the fluctuating financial metrics, suggests a business navigating a competitive market. While the increase in cash reserves is encouraging, the need to manage debtors and control costs will be crucial for sustained growth.

Registered in England/Wales under the registration number 06254555, with a registered address at W14 0QH, London, Masters House, 107 Hammersmith Road.

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