Amp Procurement Ltd

Amp Procurement Ltd, based in York, UK, is a small, active company founded eight years ago. With nine employees and £3,114,928 in assets, it operates from a real address and is led by one director and two owners. The company has a Google rating of 3.0 based on just one review. It's a regular importer of electrical machinery and equipment, with recent activity recorded as of February 2025.

The company’s website highlights its role as key solution providers in the Naval, Defence, and Maritime industries. Amp Procurement specializes in strategic procurement and supply chain management, offering services like tail spend management, warehousing, and media converter solutions. They also provide outsourced procurement services and operate a warehouse in central Scotland to facilitate just-in-time deliveries. The website mentions partnerships with Leader Media Converters and showcases a range of services, from obsolescence management to media conversion.

Financially, Amp Procurement Ltd shows a mixed picture. Cash bank on hand has increased by a healthy 37% to £980,000, and current assets have more than doubled to £3,100,000. However, creditors have increased significantly, with both “within one year” and “after one year” figures rising substantially. Trade debtors have also seen a large increase, ballooning by 170%. On the positive side, retained earnings have jumped dramatically, reaching £450,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the rise in debt warrants attention. There’s no mention of an auditor, likely due to exemption status. The company’s increased debt could be a result of expanding operations to meet increased demand, or it could be a sign of financial strain.

Registered in England/Wales under the registration number 10390380, with a registered address at YO26 6QR, England, York, Chestnut House Northminster Business Park, Upper Poppleton.

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