Albion Supplies Ltd

Albion Supplies Ltd is a small, family-run business based in St. Leonards-On-Sea, UK, with an active trading status. Founded eighteen years ago in 2006, the company employs just two people and holds £695,339 in assets. It operates from a virtual address, registered with seventy-six other companies, and is managed by three directors and two owners. Albion Supplies regularly imports iron or steel products, with nineteen months of import activity recorded, and has recently started exporting copper and copper products, with four months of export activity.

The company's website, Albion Supply Medical Supplies, focuses on providing high-quality medical devices, supplies, and aesthetics at competitive prices. It caters to businesses seeking to grow by supplying them with in-demand products and services without premium costs. The website highlights immediate access to products, long-term partnerships, and customer service. It also offers a contact form for businesses preferring direct communication.

Financially, Albion Supplies Ltd shows a mixed picture. Current assets increased by 4.3% to £700,000, while net assets grew by 22% to £430,000. Bank borrowings decreased by 12% to £290,000, and cash reserves increased by a significant 110% to £58,000. Trade debtors decreased by 32%, suggesting improved collection efforts. However, total inventories increased by 73%, which could indicate a build-up of stock or increased demand. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Albion Supplies Ltd appears to be financially stable, with growing assets and cash reserves. The increase in inventories should be monitored, but the company's small size and focus on medical supplies suggest it’s well-positioned for continued growth.

Registered in England/Wales under the registration number 05994131, with a registered address at TN38 9BA, England, St. Leonards-On-Sea, East Sussex, Philips House, Drury Lane.

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