Agemaspark Ltd

Agemaspark Ltd, based in Doncaster, UK, is a small holding company with an active status, having been incorporated twenty-two years ago in 2002. The company employs sixteen people and holds assets valued at £519,096. It operates from a real address, is managed by three directors, and has one owner. Agemaspark is an irregular importer of electrical machinery and equipment, with the last import operation recorded eighteen months ago, and an irregular exporter of machinery, boilers, and mechanical appliances, with the last export operation recorded twenty months ago.

The company’s website reveals it’s a precision engineering firm specializing in CNC machinery, EDM erosion, and related services. It caters to a diverse range of sectors including aerospace, medical, oil and gas, and plastic tooling, offering services from CAD design to project management. The website highlights the company’s commitment to innovation, training, and partnerships, including its role as a founding partner of the Doncaster UTC. It’s clear they’re aiming to provide comprehensive engineering solutions, and they have a good reputation.

Financially, Agemaspark Ltd shows a mixed picture. Current assets have decreased by 7.6% to £520,000, and net assets have fallen by 4.2% to £550,000. Cash bank on hand has also dropped by 27% to £76,000. However, trade debtors have increased by 33%, suggesting improved sales or perhaps extended credit terms. Creditors have also increased, which could be a result of increased activity. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The decline in cash reserves and net assets, alongside the decrease in current assets, could be a sign of increased investment in the business or a period of slower payments. However, the growth in trade debtors suggests the company is still generating sales. It's likely that the company is navigating the challenges of a competitive market, but its focus on innovation and its diverse customer base should help it maintain its position.

Registered in England/Wales under the registration number 04499961, with a registered address at DN3 1QL, England, Doncaster, South Yorkshire, Unit 1 & 2 Sandall Carr Road, Kirk Sandall Industrial Estate.

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