Amber Safetywear Ltd

Amber Safetywear Ltd, based in Edgware, UK, is a small, active company founded 14 years ago. With two employees and £463,737 in assets, it’s a modest operation led by a solo founder and two directors. The company regularly imports and exports clothing and accessories – not knitted or crocheted – with 24 months of import activity and 4 months of export activity recorded.

The company’s website, ambersafetywear.co.uk, showcases a wide range of safety equipment, catering to emergency response teams, firefighters, and those working in high-heat environments. It specializes in providing solutions for emergency response, fire fighting, foundry, and aluminised clothing. The site lists a comprehensive inventory, including workwear, chemical boots, fire-resistant suits, and even ambulance helmets, suggesting a focus on supplying specialized safety gear to various industries.

Financially, Amber Safetywear Ltd demonstrates a mixed picture. Cash bank on hand increased by a solid 7.3% to £440,000, indicating improved liquidity. However, trade debtors have seen a dramatic rise, increasing by 220% to £16,000, which could be a cause for concern if payments aren't collected promptly. Creditors also increased, though at a more moderate 43%, and net assets have grown by 20% to £300,000. The company meets two of the three criteria to be considered small, with turnover below £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from a full audit, so the financial statements are unaudited.

The company’s growth in debtors suggests it may be extending credit terms to customers, potentially driving sales but also increasing the risk of bad debts. It’s worth noting that the company’s financial data is reported without the involvement of an auditor, which means there is no independent verification of the accuracy of the numbers.

Registered in England/Wales under the registration number 07335560, with a registered address at HA8 6TA, Edgware, Middlesex, 18 Howberry Close, Canons Park.

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