Agon Systems Limited

Agon Systems Ltd from East Sussex UK: a small, holding company with an active status, was founded 18 years ago. The company employs 17 people and holds £3,247,306 in assets. Operating from a virtual address, it's managed by three directors and owned by three individuals, making it a family business with an e-commerce site. Agon Systems regularly imports and exports electrical machinery and equipment—215 months of imports and 103 months of exports recorded.

The company operates as a holding company, overseeing a range of activities, including wholesale of electronic and telecommunications equipment and parts, and security systems service activities. Its website, while not providing extensive details, suggests a focus on security system supply and installation. The company has a real registered address, but it's probably virtual as twenty-three companies registered at the address.

Financially, Agon Systems presents a mixed picture. Current assets increased by 6.4% to £3.2 million, while net assets grew by 28% to £2.5 million. However, bank borrowings decreased by 17% to £87,000, and creditors decreased by 34% to £660,000. Cash reserves increased significantly by 120% to £210,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the sharp increase in future minimum lease payments—up 240%—could pose a challenge. No auditor is mentioned, so the financial statements are unaudited. The company's directors are Mrs L Welch, Mr S R Welch, and Mrs L Welch.

Registered in England/Wales under the registration number 05934311, with a registered address at BN21 3YA, East Sussex, 7-9 The Avenue, Eastbourne.

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