Afore Uk Ltd

Afore Uk Ltd from Derby UK: small company, holding company, active status, founded 11 years ago, 2 employees, £129,232 assets, real address, 3 directors, 1 owner, google rating 5.0 based on 1 reviews. Regular importer of electrical machinery and equipment (13 months imported).

Afore Uk Ltd operates as a holding company, a small business with two employees based in Derby. Founded eleven years ago, it holds assets worth £129,232 and boasts a perfect 5.0 Google rating from a single review. The company is a regular importer, primarily bringing in electrical machinery and equipment, with the last import recorded in January 2024. It’s a real address, and has three directors and one owner.

The company’s website focuses on the sale of hybrid storage inverters, single-phase string inverters, and three-phase string inverters. It seems to be an e-commerce business, offering a range of solar power conversion and control solutions. The site also highlights a monitoring system for hybrid and string solar inverters, catering to various customer segments from homeowners to housing associations. AforeUK also offers a warranty claim service.

Financially, Afore Uk Ltd shows some concerning trends. Cash bank on hand has plummeted by 73%, dropping to just £66,000, while current assets have also decreased significantly by 75%, down to £130,000. Trade debtors have increased by 70%, reaching £63,000, which could indicate issues with customer payments. However, creditors have decreased by 37%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the sharp decline in cash reserves is a potential worry. No auditor is mentioned, which is common for small companies.

Despite these financial pressures, Afore Uk Ltd appears to be focused on providing specialized solar power solutions, targeting a growing market for renewable energy.

Registered in England/Wales under the registration number 08706900, with a registered address at DE21 6BF, England, Derby, Carter House, Wyvern Court Stanier Way, Wyvern Business Park.

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