Alser (uk) Limited

Alser Uk Ltd from Faringdon UK is a small, active company founded 37 years ago, in 1988. Employing 19 people, it holds £946,685 in assets and operates from a real address. The company is led by two directors and owned by a solo founder, Nigel Prichard, who also serves as a director. It boasts a respectable Google rating of 4.0 based on three reviews. Alser Uk Ltd is a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 10 months of import activity recorded, the last in February 2024.

The company’s core business revolves around the manufacture of other furniture industries, as indicated by its SIC code. While a website isn't available for direct analysis, this suggests a B2B focus, potentially supplying components or finished goods to larger furniture manufacturers. It’s unclear if they have an e-commerce presence or primarily operate through direct sales and distribution channels.

Financially, Alser Uk Ltd presents a mixed picture. Current assets have decreased by 6.1% to £950,000, while net assets have increased by 21% to £220,000. Bank borrowings have decreased by 21% to £76,000, and cash reserves have increased significantly by 97000% to £250,000. Creditors have decreased by 8%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The sharp increase in cash reserves is a positive sign, potentially indicating successful sales or cost-cutting measures. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

Overall, Alser Uk Ltd appears to be financially stable, although the decrease in current assets warrants further investigation. The company's long history and established position in the furniture industry suggest a resilient business model. The directors list was changed one month ago, which is a good sign.

Registered in England/Wales under the registration number 02249407, with a registered address at SN7 7BU, Faringdon, Oxfordshire, Unit 7 Pioneer Road.

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