Ajp Stainless Ltd

Ajp Stainless Ltd from Hereford, UK, is a small, family business with an active status, founded seven years ago. The company employs 18 people and holds £909,976 in assets. It’s a real address, with two directors and two owners reported. Google reviews are stellar, boasting a 5.0 rating from a single review. The company is an irregular importer, primarily dealing with optical and medical tools and devices, with the last import operation occurring two months ago in September 2023.

The company's website details a fabrication and installation business serving both local and national clients. They specialize in pipework, steelwork, and associated equipment for industry, alongside hydraulic cylinder repairs and general machining. They also stock stainless steel products and offer local collection for those in stock. It’s clear they’re targeting businesses needing industrial machinery and equipment installation and maintenance. The site doesn's appear to be an e-commerce platform, instead focusing on showcasing services and contact information.

Financially, Ajp Stainless Ltd presents a mixed picture. While current assets increased by 15% to £910,000, net assets grew by a more modest 11% to £540,000. Cash reserves decreased by 3% to £250,000. Trade debtors rose significantly by 36%, reaching £600,000, which could indicate expanding sales but also potential payment delays. Creditors also increased by 19%, reaching £430,000. 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. There's no mention of an auditor, likely due to the small company status.

The company's financial trends suggest it's growing, but also facing some challenges. The increase in debtors is something to keep an eye on, and the decrease in cash reserves could indicate tighter cash flow management. It’s a solid, family-run operation, but needs to manage its finances carefully to sustain its growth.

Registered in England/Wales under the registration number 11112327, with a registered address at HR4 9QJ, England, Hereford, 22a Beech Business Park, Tillington Road.

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